Why do you think accountants came up with this concept of "fund accounting" for non for profit organizations?Why couldn't they just use the same accounting methods for corporations for governmental units, hospitals, colleges, or charities?

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25-06-2024
Business

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Why do you think accountants came up with this concept of "fund accounting" for non for profit organizations?Why couldn't they just use the same accounting methods for corporations for governmental units, hospitals, colleges, or charities?

Sagot :

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