Fundamentals of Governmental Accounting and Reporting
features the foundational tenets of governmental accounting and reporting in today's environment. Featuring updated accounting for GASB Statement No. 84, and fiduciary activities, this work reviews underlying concepts and shows how they are applied through real-life examples of CAFR, financial statements and updates of recent GASB standards.Key areas covered include:
The governmental environment and GAAP
Fund accounting and the financial reporting model
Budgeting
MFBA
Revenues and expenditures
Governmental, proprietary, and fiduciary funds
Government-wide financial statements
CAFR
Special purpose governments
Deferred outflows of resources and deferred inflows of resources