Essentials of Accounting for Governmental and Not-for-Profit Organizations 12th Edition by Paul Copley

تمرين 2

For each of the following, identify (1) which accounting standards-setting body has primary authority, (2) the required financial statements, and (3) the account titles used in the equity section of the balance sheet or equivalent statement.
a. Public (government-owned) colleges and universities.
b. Private not-for-profit colleges and universities.
c. Investor-owned proprietary schools.