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Governmental and non-profit accounting

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Reference no: EM133153707

Discussion 1

Accounting for Governmental and Not-for-Profit Entities

1. After reviewing lecture and reading materials, why is Governmental and Non-Profit accounting required to be taken as part of your degree program?

2. How is Governmental and Non-Profit accounting different from your previous accounting courses?

3. What are the objectives of financial reporting for state and local governments, the federal government, and not-for-profit organization?

4. What is an interefund activity?

Reference no: EM133153707

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