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ACC/548 Government & Not-for-Profit

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Give a basic summary of SPE's (compare and contrast).

SPE's engaged in governmental activities.

Please cite in paragraph and give bibliography.

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Solution Summary

The solution summarizes SPE's in government's activities.

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SPEs or special purpose entities, which were invited to shift some transactions off a company's balance sheet, is illustrated by Soroosh and Ciesielski (2009) as "created by a party (the transferor or the sponsor) by transferring assets to another party (the SPE) to carry out a specific purpose, activity, or series ...

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