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* Overview * State plus local * Federal * Nonprofit Fund accounting is an accounting system emphasizing accountability rather than profitability, used by nonprofit organizations plus governments. In this system, a fund en.FundAccounting en. Administrative Services There are basically three groups of funds in governmental accounting; governmental funds, proprietary funds, plus fiduciary funds. 1. Accounting Governmental funds differ from conventional, forprofit accounting because use a financial measurement focus plus are modified accrual, while opposed to a full Index |
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