Your new financial accountant has just shown up for work and has settled into
her small office. You asked her to join you for lunch and begin your orientation
in how governmental accounting differs from for-profit financial accounting. She
asks you some questions over lunch that you politely answer.
- Discuss both the meaning of, and the basis for, fund accountingâa major
consideration and constraint on governmental accounting procedures and how that
compares to financial reporting that is handled with far less constraints in the
for-profit sector. - Why do you believe fund accounting is so important?
In your own words, please post a response to the Discussion Board and
comment on other postings. You will be graded on the quality of your
postings.
The following grading criteria will apply to this
assignment:
|
Grading Criteria |
|
|
50% |
Discuss both the meaning of, and the basis for, fund accountingâa major |
|
30% |
Why do you believe fund accounting is so important? |
|
20% |
Post a response to the Discussion Board, and comment on other postings. |
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