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Under NFP accounting, what types of donated services would be considered revenue and what would not be recorded?

The big question to ask is “Would the NFP otherwise spent money on service”? The big differentiator is whether the service requires skilled or unskilled labor.

Most of the big accounting firms encourage their senior employees to donate their time and services to local NFP’s. This is an example of specialized labor that the NFP would record as revenue without restriction.

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