1. ACCOUNTING FOR COLLEGES AND UNIVERSITIES • What Unique Issues do Colleges and Universities Face? • What are different revenues and expenses? • Accounting for revenues and expenses- Give examples • Treatment of grants and donations
1. ACCOUNTING FOR COLLEGES AND UNIVERSITIES • What Unique Issues do Colleges and Universities Face? • What are different revenues and expenses? • Accounting for revenues and expenses- Give examples • Treatment of grants and donations
Chapter1: Role Of Accounting In Society
Section: Chapter Questions
Problem 7Q: Use the internet to research one for-profit, one governmental, and one not-for-profit entity. For...
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Transcribed Image Text:Write a detailed report covering the following topics:
1. ACCOUNTING FOR COLLEGES AND UNIVERSITIES
• What Unique Issues do Colleges and Universities Face?
• What are different revenues and expenses?
• Accounting for revenues and expenses- Give examples
• Treatment of grants and donations
2. ACCOUNTING FOR HEALTH CARE PROVIDERS/HOSPITALS
• What Unique Issues do Health Care Providers Face?
• What are the Key Differences Between Private Not-For-Profit and
Government Health Care Providers?
• What Are the Basic Financial Statements?
• What are the Key Revenues and Expenses?
• How are the key revenues and expenses recognized?
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