Question

Please go to the Internet and obtain the financial report for the most recent year available of the following two (a public and a private) universities:
1. University of North Carolina at Chapel Hill
2. Duke University
Analyze the financial reporting differences between these two universities based on the following:
a. Balance Sheet (the equity section)
b. Statement of Activities and Statement of Revenues, Expenses, and Changes in Net Position. What are the major differences in the items reported on these two statements?
c. Do both universities prepare a Statement of Cash Flows?



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  • CreatedAugust 13, 2014
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