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Discuss in detail the unique accounting and recording of budgets in governmental and not-for-profit accounting citing GASB requirements. Include in your discussion examples (reasons) why

  • Discuss in detail the unique accounting and recording of budgets in governmental and not-for-profit accounting citing GASB requirements.
  • Include in your discussion examples (reasons) why budgets are accounted for differently in governments/not-for-profits than for-profit organizations; i.e. compare and contrast.
  • You may want to discuss what you are learning in the CAFR assignment as part of this discussion.

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