Acc 497 Week 5 Complete Uop Exam Assignment

ACC 497 Week 5 Complete

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DQ1.What are the differences in reporting guidance in a for-profit and not-for-profit organization? What are the similarities in reporting guidance in a for-profit and not-for-profit organization? How do these differences and similarities affect the comparability of financial reports? Should these reports be comparable? Explain your response.

DQ2.What are the differences in financial reporting in a for-profit and government organization? What are the similarities in financial reporting in a for-profit and government organization? How do these differences and similarities affect the comparability of financial reports? Should these reports be comparable? Explain your response

Individual Assignment - Assignments From the Readings

Resources: Ch. 4 & 5 of Modern Auditing

Write answers to the following problems:

• Learning Check 4–15 & 4–17 in Ch. 4

• Comprehensive Questions 5–34 & 5–35 in Ch. 5

Learning Team Assignment - Case Study Assignment

Resources: Case 3: Charitable Contributions and Debt: A Comparison of St. Jude Children’s Research Hospital/ALSAC and Universal Health Services located on your student website in Ch. 5 of Mastery of the Financial Accounting Research System(FARS) Through Cases

Write a 1,050- to 1,400-word response in which you address the following questions from the case study:

• Questions from Requirement A

• Questions from Requirement B

• How would your answers to Requirements A and B differ if the government owned and operated the hospital?

Format your paper consistent with APA guidelines.

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