You can use one of these for this answer:

QUESTION IS :

Discussion Preparation

Check the Article List created by the instructor, located in the first thread of every forum. Do not choose an article that is already on the list. If the article that you have chosen is already on the list, you must find another article.

Choose an article that discusses one of the major differences in the accounting treatment of governmental units and for-profit entities. This article does not have to be scholarly, but it must clearly address the difference in accounting treatment.

Once you have chosen an article, e-mail the name of it to the instructor. The instructor will post it on the Article List.

Initial Discussion

Do you agree with the difference in accounting treatment? Why, or why not? Your chosen article should support the treatment or critique the treatment, and provide the link to the article for your classmates to review. This article does not have to be scholarly, but it must clearly address the difference in accounting treatment. Your initial response should be approximately 250 words.

LIST TO CHOOSE FROM:

GASB Article List

Fischer, M., Gordon, T. P., & Kraut, M. A. (2010). Meeting user information needs: The impact of major changes in FASB and GASB standards on financial reporting by colleges and universities. Journal of Accounting and Public Policy, 29(4), 374-399. doi:10.1016/j.jaccpubpol.2010.03.001

Engstrom, J. H., & Esmond-Kiger, C. (1997). Different formats, same user needs: A comparison of the FASB and GASB college and university financial reporting models. Accounting Horizons, 11(3), 16.

GFOA vs. GASB. (2007). CPA Governmental & Nonprofit Report, 15(4), 1.

Keating, E. K., & Berman, E. S. (2007). Unfunded public employee health care benefits and GASB no. 45. Accounting Horizons, 21(3), 245-263. doi:10.2308/acch.2007.21.3.245

Berman, E. S. (2013). GASB releases final third technical plan. Miller Governmental GAAP Update Service, 13(19), 1.

Cheng, R. H., Harris, J., Icerman, R. C., Wrege, W. T., & Yahr, R. B. (1995). Response to the GASB discussion document: "invitation to comment: Governmental financial reporting model". Accounting Horizons, 9(3), 111.

Easterday, K. E., & Eaton, T. V. (2012). double (accounting) standards: A comparison of public and private sector defined benefit pension plans. Journal of Public Budgeting, Accounting & Financial Management, 24(2), 278.

Fischer, M., Marsh, T., & Brown, P. D. (2016). going concern: Decision usefulness or harbinger of doom? Journal of Business and Accounting, 9(1), 136.

Beamer, S. A. (2011). Private vs. public higher education budgeting: Key differences exist between private and public institutions that affect budgeting in critical ways. Planning for Higher Education, 40(1), 7.

Gordon, T. P., & Fischer, M. (2008). communicating performance: The extent and effectiveness of performance reporting by u.s. colleges and universities. Journal of Public Budgeting, Accounting & Financial Management, 20(2), 217.

Patton, J. M. (1992). accountability and governmental financial reporting. Financial Accountability & Management, 8(3), 165-180. doi:10.1111/j.1468-0408.1992.tb00211.x

You may also choose your own. Please note you will have to research FASB to evaluate the differences. Please reply to this posting listing the title of the article you choose in the subject line.

Thank you!!!