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Examine FASB financial reporting requirements for a private college. Apply basics of GAAP pertaining to categorizing restrictions on net assets. Evaluate whether the entity is subject to the requirements of the Single Audit Act and the provisions of Offic

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Examine FASB financial reporting requirements for a private college.
Apply basics of GAAP pertaining to categorizing restrictions on net assets.
Evaluate whether the entity is subject to the requirements of the Single Audit Act and the provisions of Office of Management and Budget.

Please answer this for my power point presentation.

FASB vs. GAAP pertaining to categorizing restrictions on net assets

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