Explore BrainMass

Explore BrainMass

    Private, Investor Owned and Public Schools

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    So we know that all three models (private, investor owned, and public schools) have distinctions on which a standards setting body provides their accounting rules. We also know that they all use accrual accounting (economic resource measurement focus). One of the reasons it is important to distinguish between them is knowing which standard setting body governs which.

    Please cite in paragraph and post biblography.

    © BrainMass Inc. brainmass.com June 4, 2020, 2:04 am ad1c9bdddf
    https://brainmass.com/business/accounting/private-investor-owned-public-schools-436186

    Solution Preview

    One more important reason of the need to distinguish between the three models - private, investor owned, and public schools - is to be able to understand how similar transactions are accounted under each ...

    Solution Summary

    The solution distinguishes between private, investor owned and public schools.

    $2.19

    ADVERTISEMENT