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In 700 words;compare and contrast GASB and FASB accounting by: Explaining the objectives of the two standards boards and how they are similar and different.

In 700 words;compare and contrast GASB and FASB accounting by:

  • Explaining the objectives of the two standards boards and how they are similar and different.
  • Explaining how the modified accrual basis of accounting differs from full accrual accounting.

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