Drexel University's financial accounting policies and procedures follow the generally accepted accounting principles of Fund Accounting as prescribed by the National Association of College and ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

For instance, under the U.K. version of generally accepted accounting principles (GAAP), equity accounting is necessary if the investment gives the fund an influential minority (20% or more) stake ...