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GASB Accounting

1) What are some examples of government/not-for-profit organizations? How do proprietary businesses measure success following the FASB accounting guidelines? How do government organizations measure success following the GASB accounting guidelines? Compare and contrast the differences between GASB and FASB.

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In my own words

Examples of government organizations are government organization, government business enterprises, government business-type organizations, government not-for-profit organizations and other government organizations.

Examples of not-for-profit ...

Solution Summary

GASB and FASB accounting is examined. The expert compares and contrasts the differences between GASB and FASB.