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  • Restricted Vs Deferred

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    Gee Gao
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    Donations Scholarship fund facility cash Equipment Interest income on endowment facility costs facility costs deferral method. Scholarships paid out as an asset in the facility fund until scholarships paid out. Deferred revenue recognized when scholarships paid out as an asset in GF; start to amortize def. Contribution. Presentation requirements: recognize as revenue in restricted fund(facility) depends if SF - recognize as revenue otherwise --> deferred in general fund until scholarship paid.

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    Restricted vs Deferred

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    Donations Scholarship fund facility cash Equipment Interest income on endowment facility costs facility costs deferral method. Scholarships paid out as an asset in the facility fund until scholarships paid out. Deferred revenue recognized when scholarships paid out as an asset in GF; start to amortize def. Contribution. Presentation requirements: recognize as revenue in restricted fund(facility) depends if SF - recognize as revenue otherwise --> deferred in general fund until scholarship paid.

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    25 views1 page

    Restricted Vs Deferred

    Uploaded by

    Gee Gao
    Donations Scholarship fund facility cash Equipment Interest income on endowment facility costs facility costs deferral method. Scholarships paid out as an asset in the facility fund until scholarships paid out. Deferred revenue recognized when scholarships paid out as an asset in GF; start to amortize def. Contribution. Presentation requirements: recognize as revenue in restricted fund(facility) depends if SF - recognize as revenue otherwise --> deferred in general fund until scholarship paid.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
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    Donations Scholarship fund Facility cash Equipment Interest income on endowment Facility costs restricted fund method

    Restricted fund method

    Deferral method

    Donations Scholarship fund

    Deferral method recognize in net assets Recognized as def. contribution until facility expensed deferred revenue; recognized when scholarships paid out As an asset of GF In GF; start to amortize def. contribution One fund or fund accouting, by service

    included in revenue of endowment fund

    facility cash interest income on endowment Facilty costs amortize starting Sept 9 Presentation requirements

    recognize as revenue in restricted fund(facility) depends if SF - recognize as revenue otherwise --> deferred in general fund until scholarships paid as an asset in the facility fund in facility fund Must show >= 1 GF, >=1 RF, >= 1 EF

    Securities analysis: pg 68

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