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ACC548 Comprehensive Report
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                For profit accounting differs from government accounting in several aspects.  Missions and budgets are just a few of those differences.  The way they both report their accounting is different as well with governments being encouraged to report with a CAFR, or Comprehensive Annual Financial Report.  This paper will entail some of the differences between for profit and government accounting, description of a CAFR, and a breakdown of the City of Gulfport, Mississippi, CAFR for the fiscal year 2011.

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