Government Accounting Overview Part 1 - May 2016
-
Upload
christopher-farrell-cpa -
Category
Education
-
view
179 -
download
1
Transcript of Government Accounting Overview Part 1 - May 2016
![Page 1: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/1.jpg)
GOVERNMENTACCOUNTING
OVERVIEWPART 1
uraccounted4accounting.com
![Page 2: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/2.jpg)
I n t h i s s e c t i o n w e w i l l c o v e r :uraccounted4accounting.com
Who makes therules?
![Page 3: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/3.jpg)
I n t h i s s e c t i o n w e w i l l c o v e r :
Who makes therules?What are thecharacteristics?
uraccounted4accounting.com
![Page 4: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/4.jpg)
I n t h i s s e c t i o n w e w i l l c o v e r :
Who makes therules?What are thecharacteristics?Who are the users?
uraccounted4accounting.com
![Page 5: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/5.jpg)
https://www.youtube.com/watch?v=LPNRn6t2l6Y
Click here for the narratedversion of this deck on
Takes about 5 1/2 minutes.
![Page 6: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/6.jpg)
GASB
facebook.com/uraccounted4accounting/
GovernmentAccounting
Standards Board
![Page 7: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/7.jpg)
GASB
facebook.com/uraccounted4accounting/
State and LocalNOT
Federal
![Page 8: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/8.jpg)
facebook.com/uraccounted4accounting/
THREECHARACTERISTICS
![Page 9: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/9.jpg)
facebook.com/uraccounted4accounting/
CHARACTERISTICSElections
![Page 10: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/10.jpg)
facebook.com/uraccounted4accounting/
ELECTEDOFFICIALSOR THEIR
APPOINTEES
![Page 11: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/11.jpg)
facebook.com/uraccounted4accounting/
CHARACTERISTICSElectionsDissolution
![Page 12: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/12.jpg)
facebook.com/uraccounted4accounting/
Assets RevertTo A Higher
LevelOf Govt
![Page 13: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/13.jpg)
facebook.com/uraccounted4accounting/
CHARACTERISTICSElectionsDissolutionTaxes
![Page 14: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/14.jpg)
THEY CANTAX YOU
facebook.com/uraccounted4accounting/
![Page 15: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/15.jpg)
facebook.com/uraccounted4accounting/
WHO IS USINGTHE
STATEMENTS?
![Page 16: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/16.jpg)
facebook.com/uraccounted4accounting/
FINANCIALStockholders
Creditors
![Page 17: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/17.jpg)
facebook.com/uraccounted4accounting/
GOVERNMENTCitizens
Elected OfficialsCreditors
![Page 18: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/18.jpg)
R e c a p o f w h a t w e c o v e r e d :
GASB makes the rules
uraccounted4accounting.com
![Page 19: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/19.jpg)
R e c a p o f w h a t w e c o v e r e d :
GASB makes the rules
uraccounted4accounting.com
Elections, dissolution,taxes
![Page 20: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/20.jpg)
R e c a p o f w h a t w e c o v e r e d :
GASB makes the rulesElections, dissolution,
taxes
uraccounted4accounting.com
Statements are for thecitizens
![Page 21: Government Accounting Overview Part 1 - May 2016](https://reader034.fdocuments.net/reader034/viewer/2022051707/58a6dcb01a28abef698b5b67/html5/thumbnails/21.jpg)
We hope this helps.If you found this presentation useful
pleaseLIKE, SHARE OR COMMENT
VISIT OUR WEBSITEand
OUR FACEBOOK PAGEThanks.