Sources of generally accepted accounting principles for government hospitals include

Question

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The AICPA Audit and Accounting Guide, Health Care Entities, provides guidance for financial reporting for healthcare entities, including government hospitals. FASAB standards are for federal governmental entities, not specific to government hospitals. FASB not-for-profit standards are for not-for-profit organizations, not necessarily government hospitals. The GAO Yellow Book provides standards for audits of governmental organizations, but not for accounting principles.

Sources of Generally Accepted Accounting Principles for Government Hospitals Include