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Business/Government Accountability

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Write a one page, double spaced memo to a non-financial audience explaining how increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities.

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Solution Summary

This response demonstrates the public demand for business and governmental financial accountability.

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Increasing scrutiny and demand for accountability by the public influenced reporting for not-for-profit and governmental entities, due to the fact that this increasing scrutiny led the general public to call for investigations into the financial activities of not-for-profit organizations, as well as governmental entities by the Internal Revenue Service etc. In addition, the general public influenced reporting for not-for-profit organizations by constantly pressuring the leadership of these organizations to allow external auditors to review their financial records, in order to ensure ...

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