MEAN Definition

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MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

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NOT-FOR-PROFIT ACCOUNTING is the adherence to NFP ACCOUNTING STANDARDS. These standards are established by the Financial Accounting Standards Board (FASB) or the Government Accounting Standards Board (GASB). Additionally, the American Institute of Certified Public Accountants (AICPA) influences the accounting for nonprofit organizations with its industry and accounting guides and Statements of Position (SOPs).

NAGBOR is Net Adjusted Gross Box Office Receipts.

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