Read Chapters 1 and 2 of your Accounting for Governmental and Nonprofit entities (16th or 17th edition) and write a 1,700 word essay that covers the following topics:
-Importance and characteristics of FASB and GASB
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-The comprehensive annual financial report components
-Governmental, business type, and fiduciary activities
-Difference between government wide financial statements and Fund financial statements.
All essays must include an introduction and a conclusion. Turnitin similarity report must be under 10%. Do not copy paste text. Make sure to include at least 5 external references with in-text citations. Use APA style.