Description
Book SynopsisTable of ContentsChapter 1 1-1
The Governmental Environment and GAAP 1-1
Governmental environment 1-2
Which organizations are required to follow GASB standards? 1-8
GAAP and standards-setting organizations 1-9
The governmental environment and GAAP 1-12
Practice questions 1-13
Chapter 2 2-1
Fund Accounting and the Financial Reporting Model 2-1
Fund fundamentals 2-2
Fund structure 2-4
Overview of the financial reporting model 2-8
Summary 2-10
Practice questions 2-11
Chapter 3 3-1
Budgeting 3-1
The role of budgets 3-2
Encumbrances 3-5
Comparing budgeted amounts to actual amounts 3-7
Summary 3-8
Practice questions 3-9
Chapter 4 4-1
Measurement Focus and Basis of Accounting 4-1
Terminology 4-6
Summary 4-11
Practice questions 4-12
Chapter 5 5-1
Governmental Funds: Revenues and Expenditures 5-1
Revenues 5-3
Expenditures 5-7
Governmental funds revenues and expenditures 5-14
Practice questions 5-15
Chapter 6 6-1
Proprietary Funds 6-1
Use of proprietary funds 6-2
Accounting differences 6-4
Reporting differences 6-13
Summary 6-14
Practice questions 6-15
Chapter 7 7-1
Fiduciary Funds 7-1
The use of fiduciary funds 7-2
Accounting differences 7-4
Reporting differences 7-5
Practice questions 7-7
Chapter 8 8-1
Fund Financial Statements 8-1
General-purpose financial statements 8-2
Reporting by major funds 8-3
Governmental funds 8-6
Proprietary funds 8-8
Fiduciary funds 8-12
Summary 8-13
Practice questions 8-14
Chapter 9 9-1
Reporting Entity 9-1
The reporting entity 9-2
Reporting component units 9-6
Joint ventures and other organizations 9-8
Summary 9-9
Practice questions 9-10
Chapter 10 10-1
Government-Wide Financial Statements 10-1
Purpose of the government-wide statements 10-2
The worksheet approach 10-6
Summary 10-15
Practice questions 10-16
Chapter 11 11-1
Financial Reporting and the Comprehensive Annual Financial Report 11-1
Practice questions 11-11
Chapter 12 12-1
Special-Purpose Governments 12-1
Background 12-2
Summary 12-5
Practice questions 12-6
Appendix A A-1
City of Charlottesville — Basic Financial Statements A-1
Appendix B B-1
City of Charlottesville — Required Supplementary Information B-1
Appendix C C-1
City of Charlottesville — MD&A and Statistical Section C-1
Appendix D D-1
University of Virginia — Basic Financial Statements D-1
Glossary Glossary 1
Index Index 1
Solutions Solutions 1
Chapter 1 Solutions 1
Chapter 2 Solutions 2
Chapter 3 Solutions 4
Chapter 4 Solutions 6
Chapter 5 Solutions 7
Chapter 6 Solutions 8
Chapter 7 Solutions 10
Chapter 8 Solutions 11
Chapter 9 Solutions 13
Chapter 10 Solutions 14
Chapter 11 Solutions 17
Chapter 12 Solutions 19
