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What is the purpose of the governmental accounting standards

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Reference no: EM132588551

Question 1: Write a brief description of the mission of the GASB, its relation to the FASB, and the current project agenda of the GASB board. Are there any exposure drafts, discussion memoranda, and/or invitations to comment documents outstanding to which you could respond? What is the purpose of the Governmental Accounting Standards Advisory Council?

Question 2: Research the accounting issue and formulize your findings in a formal research memo.

Reference no: EM132588551

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