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Supplied In Chapter 25 Is Dense, And Assessment

¶ … supplied in Chapter 25 is dense, and full of key facts and ideas that are useful in guiding a board of a non-profit organization into a prudent position when discussing the ideas of growth through investment. The myriad of options and terms also suggests that a certified public accountant is best able to pinpoint the most satisfactory approaches to an economic and efficient investment program that may be used to fuel and fund projects to new levels of success. The chapter begins by discussing the different types of investments available to a board when considering the options to grow the organization in an beneficial manner that is aligned with the greater organizational strategy. The authors are not hesitant to offer their opinions when guiding the reader to a certain conclusion. Throughout the reading, they offer concrete examples of how the principles introduced can be practically applied in...

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In discussing how this is done, accounting statements are provided for calculating share values for a pooled investment fund. This demonstration is a fine example for the student to interpret the results and see exactly how this done..
The chapter ultimately concludes that the board has a great responsibility to the organization to ensure that the accounting measures are undertaken with prudence and care. Key references are also supplied to help provide further sources of reference in which the student may investigate to find the appropriateness of their actions. The sheer mass of information contained within the details of the subjects discussed in this chapter further reinforces the need for professional accounting measures to be taken in such situations by the appropriate parties.

Chapter 29

Chapter 29 of the Gross text introduced the reader to the…

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