ACCOUNTING Lecture Notes - Lecture 1: General Ledger, Comprehensive Income, Accounts Payable

During chapters 9, 13, 15, and 16, the class was introduced to reconciling the fund financial statements to the government wide financial statements. The class was also introduced to non profit accounting. From these chapters, please select one aspect of government wide financial statements, the reconciliation to the government wide financial statements, or non profit accounting standards to discuss.

explain the components of the Governmental Accounting StandardsBoard’s (GASB) integrated accounting and financial reporting model,including:

. Government-wide financialstatements

. Fund financial statements

Chapter 18: Corporate Liquidations and Reorganizations

1. Explain Financial Reporting For The Emerging Company