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ACC/497 ACC497 ACC 497 Week 5 Complete

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ACC 497 Week 5 Complete 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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