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Fasb – Gasb ComparisonEssay Preview: Fasb – Gasb ComparisonReport this essayFASB/GASB ComparisonFor-profit business is driven by profit earnings. Financial statements provide information in relation to that performance. For-profit businesses will prepare reports based on the Financial Accounting Standards Board (FASB). Not-for-profit businesses are not driven by the same motivations and are hold to the Governmental.
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2013Professor Financial Statements AccountingGasb ComparisonProfit BusinessProfit Entity