Accounting For Governmental & Nonprofit Entities
Accounting For Governmental & Nonprofit Entities
18th Edition
ISBN: 9781259917059
Author: RECK, Jacqueline L., Lowensohn, Suzanne L., NEELY, Daniel G.
Publisher: Mcgraw-hill Education,
Question
Book Icon
Chapter 1, Problem 21EP
To determine

Identify the principles governing the given entities and indicate G for GASB, F for FASB and FB for FASAB.

Blurred answer
Students have asked these similar questions
Access the FASB Accounting Standards Codification at the FASB website(www.fasb.org). Determine the specific citation for each of the following items:Required:1. The topic number for business combinations.2. The topic number for related party disclosures.3. The specific seven-digit Codification citation (XXX-XX-XX) for the initialmeasurement of internal-use software.4. The specific seven-digit Codification citation (XXX-XX-XX) for the subsequentmeasurement of asset retirement obligations.5. The specific seven-digit Codification citation (XXX-XX-XX) for the recognition ofstock compensation
Government Accounting-you will do a 5 page power point slide presentation and use the GASB codification as your guidance. Please include the following: Explain what the CAFR is Provide an outline for the minimum content of a CAFR Select a local CAFR (I can help you with this step) and identify the following: a. the entity’s most significant source of revenues and most significant expense; b. the entity’s most significant asset, and its most significant liability; c. two of the individual funds used by the government d. who prepared the report; e. who audited the report, and using what auditing standards.
(Students should visit the SEC website, www.sec.gov, for supplemental resources.) Why is the content of a proxy statement considered to be so important?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College
Text book image
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Text book image
Business/Professional Ethics Directors/Executives...
Accounting
ISBN:9781337485913
Author:BROOKS
Publisher:Cengage
Text book image
Entrepreneurial Finance
Finance
ISBN:9781337635653
Author:Leach
Publisher:Cengage