Why may a governments year-end results, reported in accordance with generally accepted accounting principles, not be readily

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Why may a government’s year-end results, reported in accordance with generally accepted accounting principles, not be readily comparable with its legally adopted budget?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 11:41 AM

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Why may a governments year-end results, reported in accordance with generally accepted accounting principles, not be readily

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Government and Not for Profit Accounting Concepts and Practices

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