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Chapter 1 "Introduction to governmental and not-for-profit organizations", the goal is for you to learn: Obtain an overview of financial reporting for nonbusiness entities, distinguish between private and public sector organizations, identify the sources of authoritative accounting standards for various public and private sector organizations, define the 11 fund types used by state and local governments. | Lecture Essentials of accounting for governmental and not-for-profit organizations (12/e) – Chapter 1: Introduction to governmental and not-for-profit organizations