Please go to the Internet and obtain the nancial report for the most recent year available of
Question:
1. University of North Carolina at Chapel Hill
2. Duke University
Analyze the financial reporting differences between these two universities based on the following:
a. Balance Sheet (the equity section)
b. Statement of Activities and Statement of Revenues, Expenses, and Changes in Net Position. What are the major differences in the items reported on these two statements?
c. Do both universities prepare a Statement of Cash Flows?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
Question Posted: