Question: Government entities often can have unique and complex reporting and organizational structures. An example is History Colorado. History Colorado was originally established as a 501(c)(3)

Government entities often can have unique and complex reporting and organizational structures. An example is History Colorado. History Colorado was originally established as a 501(c)(3) nonprofit corporation under the IRS Code, but it also is a state government entity that is required to follow government accounting standards. What financial reporting challenges do you think these types of entities face?

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