Nonprofit and governmental financial statements

You will submit a report as well as the necessary spreadsheets.

Specifically, the following critical elements must be addressed:

IV. Nonprofit and Governmental: Consider that your company is a nonprofit entity and a governmental entity. Discuss the reporting requirements for each and how they differ from a for-profit entity.

A. Explain how you would address compliance with GAS in nonprofit and governmental financial statements.

B. Explain how the analysis of nonprofit and governmental financial statements differs from analysis of traditional financial statements. Provide examples to support your response.