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This week's material deals with, among other things, an introduction to the subject of not-for-profit and municipal accounting, which is very

This week's material deals with, among other things, an introduction to the subject of not-for-profit and municipal accounting, which is very different from the GAAP accounting you've been learning for your academic career to date.

Why do you think we've developed and used such a different type of accounting for not-for-profits and municipalities?

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