TAILIEUCHUNG - Lecture Accounting for governmental and nonprofit entities (16/e): Chapter 8 - Reck, Lowensohn, Wilson

Chapter 8 - Accounting for fiduciary activities - Agency and trust funds. After studying Chapter 8, you should be able to: Explain how trust and agency funds are used to report on the fiduciary activities of a government, distinguish among agency funds and trust funds (private-purpose, investment, and pension), describe the uses for and characteristics of agency funds,. | Chapter 8 Accounting for Fiduciary Activities—Agency and Trust Funds ` Learning Objectives After studying Chapter 8, you should be able to: Explain how trust and agency funds are used to report on the fiduciary activities of a government Distinguish among agency funds and trust funds (private-purpose, investment, and pension) Describe the uses for and characteristics of agency funds Explain the activities of and accounting and financial reporting for commonly used agency funds 1 Learning Objectives (Cont’d) Explain the purpose, accounting, and financial reporting for: A cash and investment pool (including an investment trust fund) A private-purpose trust fund A pension trust fund Describe accounting for other postemployment benefits 2 Purpose To account for assets held by a government acting as an agent for one or more other governments, individuals, or private organizations Agency Funds 3 Agency Funds Use an agency fund if: Dollar amount of transactions dictates use

• Kế toán - Kiểm toán
• Accounting for Governmental
• Nonprofit entities
• Fiduciary activities
• Agency funds
• Trust funds
• Investment pools
• Not for profit organizations
• Financial reporting for governmental
• Budgetary accounting
• Government wide financial statements
• Governmental funds
• Governmental accounting course
• Competencies of recent graduate
• Gap between Theory and Practice
• Governmental accounting education
• Governmental accounting technique
• Accounting for Nonprofit Entities
• Governmental organizations
• Performance budgeting
• Budgeting governmental
• Governmental operating statement accounts
• Not for profit accounting
• Recognizing revenues
• Recognizing expenditures
• Generally accepted accounting
• Local government financial reporting
• Reporting perspectives
• Financial reporting
• Financial reporting standards
• Tax exempt organizations
• Performance evaluation
• Governmental auditing
• Accounting information
• Fund financial statements
• Governmental financial performance
• Performance measurement
• Accounting for colleges
• Other accounting issues
• Accounting for hospitals
• Health care providers
• Fund accounting
• Revenue funds
• Special revenue funds
• Local governments
• Required financial statements
• Internal financial trend monitoring
• Financial position
• Single audits
• Audit process
• Statement of cash flows
• Performance measures
• Annual compliance reporting
• Operating statements