If so, why? Give 3 examples© BrainMass Inc. brainmass.com October 9, 2019, 9:37 pm ad1c9bdddf
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 ...
Management accounting in the public and private sector are analyzed. The differences between these two are explained. Three examples are provided.