Problem: Moving on to health care organizations - and relating to your assignment - FASB has special rules for reporting on private health care organizations. And of course, if the health care organization is associated with government (as an SPE), then GASB rules.
1. Summarize the GASB rules that govern an SPE health care organization (like a hospital).
2. Summarize the FASB rules that govern the private not-for-profit health care organization.