Write a 700-word paper comparing and contrasting GABS and FAB accounting.

Write a 700-word paper comparing and contrasting GABS and FAB accounting:

• Explain the objectives of the two standards boards and how they are similar and different.
• Explain how the modified accrual basis of accounting differs from full accrual accounting.
• Create an accompanying 10- to 12-slide Microsoft^® PowerPoint^® presentation you could use to train new staff. 

Cite your research and format your assignment consistent with SPA guidelines.