1. What are some of the ways accounting information can assist citizens in gradi
ID: 2376283 • Letter: 1
Question
1. What are some of the ways accounting information can assist citizens in grading their government?
2. What is meant by the term GAAP? What is the relationship between GAAFR and GAAP?
3. What criteria would you us to determine whether a not-for-profit university is covered by GASB or FASB accounting standards?
4. If you needed information about a governmental accounting topic not covered by GASB Statements, what other sources of information could you turn to for guidance?
5. What are the three key factors in the governmental environment, as described in GASB Concepts Statement No. 1, that influence accounting and reporting standards?
6. Describe the major differences between governments and corporations that create the need for different accounting standards?
Answers should be 3-4 sentences and at the MBA level
Explanation / Answer
Whether the task at hand is a financial report, an investment portfolio analysis, an audit, or an accounting spreadsheet, Workshare makes controlled collaboration more productive. Workshare ensures the accuracy of high-value documents and optimizes client service by providing greater document security and improved compliance.
Deadlines at financial institutions are often short and non-negotiable. With Workshare, the user controls where documents go and tracks who views them. Minimize time spent chasing responses and be confident that tasks will be executed on or before the deadline.
Workshare provides out-of-the-box integration with Microsoft SharePoint, iManage Autonomy, and OpenText that expands the collaboration, storing, and tracking features needed to keep data secure.
Controlled file sharing and synchronization
Secure and controlled file sharing and synchronization makes collaboration simple and accessible from any desktop or mobile device.
Changes or comments made on a document are immediately synchronized across all devices, increasing productivity and potentially shortening decision-making cycles.
Workshare%u2019s unique desktop app not only allows users to selectively synchronize documents to work offline but also empowers users to collaborate on documents without a browser.
Workshare provides full visibility and control over documents. For example, IT and document owners can revoke access at any time or restrict how and with whom documents are shared.
More effective collaboration and review
Workshare makes it easier to collaborate and review, even outside of the organization. Consultants, advisors, and clients can access content at any time and make comments, compare documents, and upload new versions. Audit trails and logs ensure control over the process.
The granularity on folder-level permissions, including the option to expire files remotely, ensures projects can be safely terminated when required.
Powerful positional commenting and centralized, document-level activity notifications view make it easy for consultants to understand and integrate document changes.
Document version control means consultants, advisors, and clients can easily access the latest version of the document or roll back to any previous ones, increasing the efficiency and transparency of the process.
Document versions can be easily compared online using Workshare%u2019s trusted DeltaView technology, reducing the time consultants and clients spend reviewing changes and ensuring efficiency and transparency.
Anytime, anywhere collaboration
Advisors, accountants, and knowledge workers, collaborating in distributed teams across the globe, work together more effectively with around-the-clock access to documents.
Workshare%u2019s mobile apps provide secure access to documents anytime and anywhere and supports the increasing BYOD trends with native apps for iPhone, iPad, and Android tablets.
For IT departments, Workshare%u2019s mobile apps provide collaboration features that enforce the organization%u2019s security and IT protocols, keeping corporate data secure on any device.
Workshare%u2019s mobile apps give advisors and accountants the ability to be fully mobile, allowing them to securely annotate documents, make comments, add new versions, or compare versions directly from any device.
Document management systems
Workshare is the only enterprise file sharing and collaboration application that fully integrates out of the box with Autonomy, SharePoint, and OpenText to extend their collaboration capabilities and increase their ROI.
Extend these important applications by adding the collaboration, storing, and tracking features required to keep data secure.
Allow users outside the team and outside the office to share and distribute documents safely on any device %u2013 while the document owner retains ultimate control.
Remain compliant with a detailed record of the document history %u2013 all transactions, conversations from all parties, and all comments and changes against each version.
The best protection for the most valuable content
Workshare%u2019s advanced sharing and collaboration features are framed with enterprise-class security and tracking capabilities.
Create a password-protected, branded asset repository with folder-level administrative control to enforce the organization%u2019s IT policy and security requirements.
Extend the organization%u2019s security requirements and policy enforcement to mobile devices, ensuring collaboration remains compliant, no matter what devices are in play.
Control document access by setting up restrictions via validated logins to prevent forwarding, downloading, deleting, or uploading new versions %u2013 and expiration dates can be set up as well.
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