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Discuss the differences between governments, not-for-profits

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Accounting Standards Please respond to the following:

Assess the role of GASB and its effectiveness with achieving its mission. Explain if the GASB"s oversight of governmental accounting is as effective as the FASB's over financial standards for-profit entities.

Discuss the differences between governments, not-for-profits, and for-profit businesses and how those differences affect financial reporting. Provide specific examples to support your response.

Reference no: EM13120535

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