Project #160571 - Government and Non-Profit Accounting

Business Tutors

Subject Business
Due By (Pacific Time) 12/16/2016 09:00 am

 Internal and External Users of Governmental Statements

Instructions: Provide complete answers to the following two problems.

  1. Why is it more difficult to distinguish between internal and external users in governments than in businesses?
  2. From what two perspectives must the financial statements under the Governmental Accounting Standards Board (GASB) No. 34 reporting model be prepared? How do the two differ from each other?

Requirements:

  • Submit your responses to the following questions in a 1-2 page document in MS Word. Label each question clearly. Please include all computations in a table.
  • For written answers, please make sure your responses are grammatically correct and free from spelling errors. 
  • Follow the APA Requirements.
  • Cite at least two sources

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