-Analyze the selected not-for-profit’s financial statements to determine if the statements conform to the Financial Accounting Standards Board (FASB) guidance in Financial Statements of Not-for-Profit Organizations.

-Explain the selected organization’s use of the three fund categories.

-Recommend at least two areas of potential interest to the stakeholder concerning the status of revenue and expenses.

-Analyze the organization’s statement of cash flows.

-Explain the format that the organization utilizes, including any unique areas of emphasis that differ from the GAAP accounting format.

-Compare the organization’s reporting of pledges and contributions to reporting of exchange transactions. Discuss the funds that are used.

-Assess the fiscal condition of the selected organization, interpreting financial indicators and using financial ratios widely accepted as being indicative of fiscal health.

-Expand the assessment to include fundraising analysis, program review, contributions, and grant and revenue analyses.