All forms of organizations including those that are not profit oriented record their transactions so as to work out and monitor their financial conditions (Cut & Ritter, 1984). In as much as not-for-profit organizations and profit oriented organizations apply the same accounting…
One major difference in the recording of transactions that exists between the two types of organizations in is the fact that profit based organizations maintain only one general ledge whereas non-profit organizations maintains several ledgers depending on the number of projects being funded (Articlesbase, n.d.). Another main difference in the recording of transactions between the two types of organizations is in respect of recording equity. In Non-profit organizations, transactions are recorded under net assets while in the profit oriented organizations, owner’s equity applies.
With the fund management recording system characteristically applied by non-profit organizations, each donation is classified and utilized with respect to the limitations set by specific donors or group of donors. This is, however, not the case for profit oriented organizations where funds are used and classified without such limitations (Articlesbase, n.d.).
In conclusion, the main difference in the recording of information in profit oriented and non-profit oriented organization relates to the maintenance of ledgers, recording of equity, and limitations regarding the use of funds.
Articlesbase (n.d.) For-profit Vs. Non-profit: The Difference in the Accounting System. Retrieved from http://www.articlesbase.com/software-articles/forprofit-vs-nonprofit-the-difference-in-the-accounting-system-1548973.html
Medical records management is vital for every healthcare organization. As the name suggests, the medical records department deals with the recording of patients’ medical records. A patient’s medical record includes details of bio-data, diagnosis, medical history, treatments, examinations and tests (Beck, 1989). The department helps in the efficient running of the hospital as well as in the proper care of patients. For example, medical coding and documentation helps provide quality services through the sharing information of patients’ records appropriately.
Cite this document
(“Eco2a Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.net/nursing/513922-eco2a
(Eco2a Assignment Example | Topics and Well Written Essays - 500 Words)
“Eco2a Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.net/nursing/513922-eco2a.
Maryanna identified the business opportunity embedded in this trend and decided to take advantage of it by starting a naming business. Yes, the founding of Marayanna’s business was customer driven in the sense that she started her business only when she realized that their existed demand for the right type of names.
The goal of national health insurance system is to modify the United States health care system so that affordable, high quality services are available to everyone. The history of the American health care system illustrates the centrality of employment as the basis for obtaining access to health insurance coverage for the working age group.
Other common factors between the two are “Night sweats, Sweating Excess Perspiration, Yellow skin discoloration, acute anemia symptoms and Anemia symptoms/chronic etc.”(Pinheiro & Rosa Ap, 1978) B. What factors are different in comparing the two diseases?
The proposed project will investigate the strategies that can be applied in preparing teachers to work with immigrant children arriving in Arizona, who have limited background in English. The research project will also demonstrate familiarity and understanding of the principal social, family and language characteristics of a culture that has contributed to American history.
The four Nazi judges were accused of corrupt practices, and were tried for their failure to abide by and apply the fundamentals of law.
The movie is based upon major shortcoming as per which the German judges could not be trailed on American land by the American judges under the Constitution of America.
The research methods are those methods and techniques that are actually used while the researcher is conducting the research (Research…). The research methodology is a systematic way that is used to solve the research
The differences are witnessed mainly for the impact on the lifestyle of the people owing to the change in culture. Identifiably in the recent era, there has been a commercialisation of culture. This new trend is observed to be
I was inexperienced and lacked confidence in myself as a nurse because I had no experience in nursing. I only wanted to grow both professionally and personally through my nursing career. I have stayed in the
hered in the 16th Street Baptist Church under the beautiful Wales Window portraying the black Christ, which replaced the window blown out when the church was bombed in 1963, these contemporary church leaders, representing the broadest Christian fellowship in the country—36
1 Pages(250 words)Annotated Bibliography
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Assignment on topic Eco2a for FREE!