Discussing fund accounting. Comparing government entities, nonprofit entities, and partnershops.
In this short paper, you will explore fund accounting, including the principles, standards, and methods used. You will also explain the differences between government entities, nonpro�t
entities, and partnerships.
Directions
Use the resources for the principles, standards, and methods for the different types of organizations, linked in the Supporting Materials section, and your textbook to research fund accounting.
Also use the resources to research the differences between government entities, nonprofit entities, and partnerships.
Specifically, you must address the following rubric criteria:
1. Explain the principles and methods used for fund accounting.
2. Explain how government entities use fund accounting.
3. Explain how nonprofit entities use fund accounting.
4. Describe at least one rule for each of the following:
A. Government entities
B. Nonprofit entities
C. Partnerships
Your response should include a total of three to six rules.
5. Explain at least three main differences between the following:
A. Government entities
B. Nonprofit entities
C. Partnerships
