Explore BrainMass

Explore BrainMass

    Management accounting in the public sector vs the private sector

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

    Is management accounting in the public sector different from management accounting in the private sector?

    If so, why? Give 3 examples

    © BrainMass Inc. brainmass.com October 9, 2019, 9:37 pm ad1c9bdddf

    Solution Preview

    The straightforward answer is yes. By saying that we, of course, don't mean to say that they are totally different (GASB is not that different from FASB in general). However, there are a few important instances where they differ:

    (1) Private sector - the ...

    Solution Summary

    Management accounting in the public and private sector are analyzed. The differences between these two are explained. Three examples are provided.