Before revision: A special field of accounting exists because: The objectives to which accounting reports to differ significantly from that for which generally accepted accounting practice has been developed for in the private (business) sector; & The usage of the results of accounting processes of government differs significantly from the use thereof in the private sector.
After revision: A special field of accounting exists because: The objectives to which accounting reports to differ significantly from that for which generally accepted accounting practice has been developed for in the private (business) sector; &