Analyzes the differences between generally accepted accounting

Analyzes the differences between generally accepted accounting

Analyzes the differences between generally accepted accounting

Assignment Content

Write a 700- to 1,050-word paper that analyzes the differences between generally accepted accounting principles for public and private colleges and universities.

Explain why it is important to identify whether the institution is Public or Private.

Clarify which of the two—public or private—follow the same reporting guidelines as nongovernmental not-for-profit organizations.

Analyze, in general terms, the financial statements that must be prepared by a private college or university and those that must be prepared by a public college or university.

Identify the major format differences in financial reporting for public and private colleges and universities.

Formulate an opinion about which statement provides more transparent information regarding revenues and on the amounts of restricted resources.

Format your assignment according to APA guidelines. Submit your assignment.

Requirements: 850 words

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.