Homework
Write 700 to 1,050 words 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 homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.