Differences between nonprofit and for-profit organizations


Resource: Financial Management for Human Service Administrators
Write 200- to 300-word responses (flexible) to each of the following questions:

· What are the major accounting differences between nonprofit and for-profit organizations?

· Why are audits becoming increasingly important in the nonprofit sector? Cite at least three reasons.

· Financial Management for Human Service Administrators. This part is not a narrative. It is a series of three accounting exercises to be completed.

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Other Subject: Differences between nonprofit and for-profit organizations
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