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In your own words, summarize the five environmental factors relating to how governments are different from commercial businesses (Organization purposes, sources of revenue, potential for longevity, relationship with stakeholders, role of the budget) and taken from the GASB white paper entitled: Why Governmental Accounting and Financial Reporting Is – and Should Be – Different (see attached). In your response, articulate which of these differences you believe is the most noteworthy and why.
Select two potential careers in governmental or not-for-profit accounting. Write in detail what you can find or hypothesize on the knowledge, skills, and experience that would be appropriate for those roles. If one of the roles interests you as a potential career path, share why you find that career option interesting.
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