Accounting for Governmental & Nonprofit Entities
Accounting for Governmental & Nonprofit Entities
17th Edition
ISBN: 9780078025822
Author: Jacqueline L. Reck James E. Rooks Distinguished Professor, Suzanne Lowensohn, Earl R Wilson
Publisher: McGraw-Hill Education
Question
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Chapter 11, Problem 7Q
To determine

Indicate the meaning of GAGAS (generally accepted government auditing standards), and explain the way GAGAS is different from generally accepted accounting standards (GAAS).

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