Which accounting standard-setting body has primary authority

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Reference no: EM131525930

Question: For each of the following, identify

(1) which accounting standards-setting body has primary authority,

(2) the required financial statements, and

(3) the account titles used in the equity section of the balance sheet or equivalent statement.

a. Public (government-owned) colleges and universities.

b. Private, not-for-profit colleges and universities.

c. Investor-owned, proprietary schools.

Reference no: EM131525930

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