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Resources: Ch. 12 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignment from Government and Not-for-Profit Accounting:
Ch. 12: Questions for Review and Discussion 1 & 2
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Write a one-page, double-spaced memo to a nonfinancial audience explaining how increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities.
Cite all of your sources.
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Resources: Ch. 9 & 11 of Government and Not-for-Profit Accounting
Prepare written answers to the following problems from Government and Not-for-Profit Accounting:
· Ch. 9: Continuing Problems 1–6, found at the beginning of the Problems section at the end of the chapter. For this assignment, use the CAFR your team selected in Week Two.
Ch. 11: Continuing Problems 1–6, found at the beginning of the Problems section at the end of the chapter. For this assignment, use the CAFR your team selected in Week Two.
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Resources: Statements of Financial Accounting Standards (SFAS) 116 and 117; sample Executive Summary
Write a one-page Executive Summary assessing the requirements of SFAS 116 and 117 and its effect on the financial statements.
Refer to the sample Executive Summary located on the student website under the Assessment section of Week Five for instructions on how to format your assignment.
Format your paper consistent with APA guidelines.
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Resources: Ch. 5 & 10 of Government and Not-for-Profit Accounting
Prepare written answers to the following problems from Government and Not-for-Profit Accounting:
Ch. 5: Problem 5-11 – Nonexchange expenditures are the mirror image of nonexchange revenues.
Ch. 10: Problem 10-7, Parts 1, 2, & 3 – The basic financial statements of a pension plan provide only limited amounts of information as to its economic condition.
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Resources: Ch. 9 & 10 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignments from Government and Not-for-Profit Accounting:
· Ch. 9: Exercise 9-3, Part a
Ch. 10: Questions for Review and Discussion 1, 5, & 15
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Resources: Ch. 4 & 6 of Government and Not-for-Profit Accounting
Prepare written answers to the following problems from Government and Not-for-Profit Accounting:
· Ch. 4: Problem 4-16 – The distinction between exchange and nonexchange revenues is not always obvious.
Ch. 6: Continuing Problems 1–4, found at the beginning of the Problems section at the end of the chapter. For this assignment, use the CAFR your team selected in Week Two.
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Resources: Ch. 2, 4, 5, & 6 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignments from Government and Not-for-Profit Accounting:
· Ch. 2: Exercise 2-1, Questions 1 through 10
· Ch. 4: Exercise 4-1, Questions 1 through 10, and Exercise 4-7, Question 1 & 2
· Ch. 5: Questions for Review and Discussion 1 & 2
In your answers to the Ch. 5 questions, address how encumbrances affect the expenses and expenditures.
Ch. 6: Questions for Review and Discussion 1 & 6
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Resources: Each team member’s CAFR list from Week One
Select one team member’s CAFR to be the basis for this and subsequent Learning Team assignments, using the CAFRs chosen for the CAFR list activity in Week One.
Locate and review a copy of the budget accompanying your selected CAFR.
Prepare a 700- to 1,050-word overview of the government that filed your selected CAFR.
Include the following information in your overview:
Population
· Governmental structure
· Size of budget and its interrelationship with the CAFR
· Major industries located in the entity
· Other pertinent demographic information
Format your paper consistent with APA guidelines.
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Resources: Ch. 1, 2, & 3 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignments from Government and Not-for-Profit Accounting:
· Ch. 1: Exercise 1-1, Questions 1, 3, 4, 5, 7, & 8
· Ch. 2: Question for Review and Discussion 12. In addition to answering question 12, provide a response in 150-350 words differentiating between a budget and a Comprehensive Annual Financial Report (CAFR).
Ch. 3: Exercise 3-2, Questions 1, 2, 3, 6, 8, & 9
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