Question

In: Accounting

1-Introduction to governmental accounting 2-Accounting development and classification; factors that have a significant influence on accounting...

1-Introduction to governmental accounting

2-Accounting development and classification; factors that have a significant influence on accounting development

3-GASB Codification

4-Comparative accounting – regulation and enforcement, similarities and differences between government-wide financial statements and fund statements

5-Reporting and disclosure – select three different reporting and disclosure issues and study to increase your understanding of these areas

6-You can select topics from any chapter that we covered during this class

Solutions

Expert Solution

1.Govermental Accounting is accounting cycle of documentation of accounting transactions.Recording various transactions and classifying them .Maintaining records as Trading a/c Profint and loss and Balance Sheet...

2.It has been seen that accounting patterns varies different throughout the world ..in accounting cultural factors

are not been fully discovered. the hypotheses are not operationalized and empirical tests are not carried out.

3.The GASB codification oresents accounting and financial reporting standards for state and local governments in a topical format ..

.Advanced NAvigation

Cross refernces allowing users to compare,link and analyze the relation betweentwo documents

4.The system has no general legal requirementsfor the publication of periodic audited financial statements .Each state has its own corporate statues so these contain requirments for keeping account records and publishing periodical financial statements..


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