title: Changes in accounting for contributions.
abstract: A proposed accounting change in the timing of income recognition for restricted contributions and pledges can greatly impact a hospital's excess of revenue over expenses (net income). The author addresses steps that administrators can take to lessen its impact. With this knowledge, nurse administrators and other hospital executives can plan alternatives to reduce the income recognition and prepare themselves to answer questions posed by patients and members of the community regarding increased hospital profits.
authors.affiliation: Oakland University, Rochester, MI.
authors.forename: S
authors.initials: S
authors.lastname: Pelfrey
mesh_terms: D000066:Accounting / Q000592:standards*; D001154:Art; D005377:Financial Management, Hospital / Q000379:methods*; D005653:Fund Raising / Q000379:methods*; D006801:Humans; D014481:United States; D014838:Volunteers