Graduation Year
2015
Date of Submission
12-2014
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics-Accounting
Reader 1
Marc Massoud
Terms of Use & License Information
Rights Information
© 2014 Caleb D. Cunha
Abstract
In this paper, we will look at and discuss the differences and similarities between governmental entities and for-profit business. We will mainly discuss the different goals, purposes, users, and issues between government and for-profit accounting in order to show that changes to governmental accounting standards would lead to more transparency and accountability, which in turn would help determine the success of an individual governmental entity. We will conclude by looking at countries that have implemented accrual accounting for government-wide financial statements, and we will explain how the adoption of accrual accounting for government-wide financial statements in the United States will lead to more transparency and accountability.
Recommended Citation
Cunha, Caleb D., "Better Measurement of Governments through the Application of Accrual Accounting for Government-Wide Financial Statements" (2015). CMC Senior Theses. 1054.
https://scholarship.claremont.edu/cmc_theses/1054
