Briefly describe the following items related to financial reporting by (a) Private not-for-profit health care entities; (b)
Question:
Briefly describe the following items related to financial reporting by
(a) Private not-for-profit health care entities;
(b) Government-owned health care entities;
(c) Commercial health care entites:
(1) Source of Category A and B GAAP.
(2) Equity or net asset account titles.
(3) Required financial statements.
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A I Nongovernmental notforprofit health care entities have category A GAAP defined by the FASB which has passed several standards that apply specifica...View the full answer
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Related Book For
Essentials of Accounting for Governmental and Not-for-Profit Organizations
ISBN: 978-0073527055
10th Edition
Authors: Paul A. Copley
Question Posted:
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