Section PS 4200 - Financial Statement Presentation by Not-for- Profit Organizations

December 01, 2016

Components of financial statements

  • Financial statements of a government not-for-profit organization normally include:
    • Statement of Financial Position
    • Statement of Operations
    • Statement of Changes in Net Assets (can be combined with the Statement of Operations)
    • Statement of Remeasurement Gains and Losses2
    • Statement of Cash Flows
    • Notes
    • Supporting schedules
    • All statements are required to be presented with equal prominence.
    • Notes and supporting schedules which the financial statements are cross-referenced to are an integral part of the financial statements. The same does not apply to information set out in other material attached to or submitted with the financial statements.

Download this standard

This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy statement for more information on the cookies we use and how to delete or block them.