Which of the following financial statements are NOT required by not-for-profit organizations for external reporting purposes?

A) A Statement of Financial Position.
B) A Statement of Changes in Members' Equity.
C) A Statement of Cash Flows.
D) A Statement of Operations.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, which typically includes the balance sheet, income statement, and cash flow statement.

Not-for-profit Organizations

Entities that operate for purposes other than generating profit, focusing instead on public or social objectives.

External Reporting

refers to the process of preparing and disclosing financial statements and other information to outside users such as investors, creditors, and regulatory agencies.