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Government & NPO Accounting - Assignment

   

Added on  2021-04-24

12 Pages1782 Words38 Views

1By student name ProfessorUniversityDate: 07 March 2018.1 | P a g e

2Executive SummaryThe given case report needs to be prepared on accounting that is being followed for government andnot-for-profit organizartions. 3 case studies have been given, the first one dealing with whether the fundaccounting is less appropriate for businesses than is applicable for the Not for Profit organizations, whatare the different types of funds in fund accounting. The 2nd case study dealing with the question thatwhether or not government can sell its assets to itself to generate revenue by creating a separate entity.The 3rd question deals with whether the non expendable fiduciary funds can be accounted on the fullaccrual basis. All the above questions have been answered with due accounting logic and standardsbelow.2 | P a g e

3ContentsIntroduction.................................................................................................................................................4P. 2-7: Responses, 1-3..................................................................................................................................5P. 5-5: Responses, 1-3..................................................................................................................................7P. 10-7: Responses, 1-3................................................................................................................................83 | P a g e

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