Different Formats, Same User Needs: A Comparison of the FASB and GASB College and University Financial Reporting Models.
研究了FASB和GASB针对高校的财务报告模型在私立与公立机构间的可比性，发现差异导致财务比较困难，并提出了改进建议。
Abstract Both the FASB and the GASB cite meeting user needs as a primary objective of financial reporting. This paper examines whether the same needs of the financial community can be met for private and public institutions given the divergent directions currently being taken by the FASB and the GASB regarding financial reporting standards for colleges and universities. Specifically, the study examines the extent to which the new FASB and the proposed GASB financial reporting models for colleges and universities provide information that is comparable across private vs. public institutions. Comparability is examined in terms of availability of information and recognition and measurement issues across models. Our research method consists of using ratios, developed and used by the financial community to analyze the financial reports of private colleges and universities, to determine the extent of comparability between the new FASB financial reporting model for private institutions and the proposed GASB model for public institutions. The results show that the differences between the proposed GASB model and the new FASB model would make financial comparisons between the two types of institutions difficult. Based on these results, recommendations intended to enhance the comparability of private and public college and university financial statements are provided.