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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.