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You are an auditor in a regional firm. You were assigned to a team of auditors that just completed an audit of a state university. You have just been assigned to a team working on an audit of a non-pr
You are an auditor in a regional firm. You were assigned to a team of auditors that just completed an audit of a state university. You have just been assigned to a team working on an audit of a non-profit university.
What similarities and differences would you expect to see in the universities’ reporting of grants, bad debts, and financial statements?
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