HFMA P&P Board Summary of Not for Profit Reporting Model Changes

HFMA’s Principles & Practices (P&P) Board developed this downloadable resource titled “Not for Profit (NFP) Reporting Model Changes Summary.”  This document details the P&P Board’s preliminary comments on the subject and includes insights about: the importance of consistency with the business-reporting model, relevant characteristics of the healthcare industry, prescribed operating measures/elimination of the performance indicator, liquidity information, cash flow statement changes, presentation of expenses by function, investment return, interest expense, equity transfers, capital gifts, and more.