Section 1: 30–40%1B3
Statement of Cash Flows (NFP)
NFP cash flow statements are structurally similar to for-profit statements but with important differences in classification. Key exam areas: where donor-restricted cash goes, how endowment receipts are classified, and the treatment of interest/dividends.
What AICPA Wants You to Know
- 1Apply the three-section structure (operating, investing, financing) to NFP cash flows
- 2Classify contributions with donor restrictions correctly in the cash flow statement
- 3Determine where endowment receipts and investment returns appear
- 4Explain NFP-specific cash flow classification rules under ASC 958