For profit and government organization

Assignment Help Accounting Basics
Reference no: EM13124378

What are the differences in financial reporting in a for-profit and government organization? What are the similarities in financial reporting in a for-profit and government organization? How do these differences and similarities affect the comparability of financial reports? Should these reports be comparable? Explain your response.

Reference no: EM13124378

Questions Cloud

Illustrate what is the material purchase price variance : Direct material 9 feet at $5.00 per foot. Actual information for July: 2,000 units were produced; 20,000 feet of direct material were purchased at a cost of $92,000 and 19,000 feet of material were used. Illustrate what is the material purchase pr..
Algebra-linear equations and inequalities : The surface area S of a right prism is given by S = 2B + Ph. The length of a rectangle is five times its width. If the area of the rectangle is 500m², find its perimeter.
Group homomorphism and abelian groups : Group Homomorphism and Abelian Groups, Let phi: G ---> H be a group homomorphism. Show that phi[G] is abelian if and only if for all x, y in G, we have xyx^(-1)y^(-1) in ker(phi).
Group homomorphism and abelian groups : Group Homomorphism and Abelian Groups, Let phi: G ---> H be a group homomorphism. Show that phi[G] is abelian if and only if for all x, y in G, we have xyx^(-1)y^(-1) in ker(phi).
For profit and government organization : What are the differences in financial reporting in a for-profit and government organization? What are the similarities in financial reporting in a for-profit and government organization?
Which is accurate with respect to the federal estate tax : Under Carl's will, Carl created a testamentary trust to be funded with $700,000 worth of assets. All of the income of the trust is payable to Carl's child, Jane, for her life, and thereafter, the remaining assets of the trust will pass to The Publ..
An academic or professional environment : Why do you think ethics are of concern in an academic or professional environment? How might you determine your personal ethics?
Converting linear equations to slope-intercept form : Write the two equations in slope-intercept form, and then determine how many solutions the system has.
For-profit and not-for-profit organization : What are the differences in reporting guidance in a for-profit and not-for-profit organization? What are the similarities in reporting guidance in a for-profit and not-for-profit organization?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd