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Highlight and contrast the following for Public (state-owned) Universities and Private Not-for-Profit Universities: What primary standard setter governs the accounting treatment for each? What are
Highlight and contrast the following for Public (state-owned) Universities and Private Not-for-Profit Universities:
- What primary standard setter governs the accounting treatment for each?
- What are the primary financial statements for each?
- List and discuss the different types of classifications of the equity section of each.
- Discuss the proper accounting treatment for revenue reduction versus expenses when it comes to tuition and scholarships.
- What is the role of NACUBO in providing guidance in the reporting of colleges and universities?
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
