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There is an important difference between private sector accounting and governmental accounting. The main reasons for this difference is the environment of the accounting system. In the government environment, public sector entities have different goals, as opposed to the private sector entities' one main goal of gaining profit.
The New York Post was established in 1801 making it the oldest daily newspaper in the U.S. [147] However it is not the oldest continuously published paper; as the New York Post halted publication during strikes in 1958 and in 1978. If this is considered, The Providence Journal is the oldest continuously published daily newspaper in the U.S. [148]
Other organizations involved in determining United States accounting standards include: Governmental Accounting Standards Board (GASB). Created in 1984, the GASB addresses state and local government reporting issues. Its structure is similar to that of the FASB's, and the FASB and GASB are located together and share resources.
Beginning in the late 1970s, headlines came to define the New York Post—and still do—particularly the front page, or wood, which roared, brawled, and punned its way into the fabric of a city ...
The New York Post also called Trump’s victory a “comeback for the ages,” with the headline “He’s Don It Again!” In a blurb, the New York tabloid called it a “runaway election” and ...
The United States Government Accountability Office (GAO) is an independent, nonpartisan government agency within the legislative branch that provides auditing, evaluative, and investigative services for the United States Congress. [2] It is the supreme audit institution of the federal government of the United States.
Higher-education groups reportedly favored the change, but according to the New York Times, it also "produced a far-reaching outcry in the accounting profession and the agencies affected," particular state and local government groups, some of which began working to form a new accounting standards agency separate from the FAF. [9]
Accounting Today is a trade magazine servicing the public accounting profession in the United States serving a community of professionals who provide tax preparation, bookkeeping, auditing, financial planning, and business advisory and consulting services to individuals and businesses.