title: SFAS No. 124, accounting for investments: the rules have changed.
abstract: Under SFAS No. 124 "Accounting for Certain Investments Held by Not-for-Profit Organizations," issued in November 1995, not-for-profit healthcare organizations must report investments in equity securities that have readily determinable market values and all debt securities at fair value. SFAS No. 124 significantly modifies the way healthcare organizations' account for such investments and brings greater accountability to healthcare financial managers regarding the management of their organizations' investments.
authors.affiliation: International Approval Services, Inc., Cleveland, OH, USA.
authors.forename: R W
authors.initials: RW
authors.lastname: Luecke
authors.forename: D T
authors.initials: DT
authors.lastname: Meeting
authors.forename: E J
authors.initials: EJ
authors.lastname: Giniat
mesh_terms: D000066:Accounting / Q000331:legislation & jurisprudence*; D005653:Fund Raising / Q000331:legislation & jurisprudence; D006788:Hospitals, Voluntary / Q000191:economics* / Q000331:legislation & jurisprudence; D007449:Investments / Q000331:legislation & jurisprudence; D009939:Organizations, Nonprofit / Q000191:economics / Q000331:legislation & jurisprudence; D014481:United States