TAILIEUCHUNG - Lecture Essentials of accounting for governmental and not-for-profit organizations (12/e) – Chapter 9

Chapter 9 - Accounting for special purpose entities, including public colleges and universities. In this chapter students will be able to: Identify the required financial statements of varying types of special-purpose entities, prepare combined fund-basis/government-wide financial statements for a special purpose entity engaged in a single governmental activity, apply the accrual basis of accounting in the recording of typical transactions of a public college or university. | Essentials of Accounting for Governmental and Not-for-Profit Organizations Chapter 9 Accounting for Special Purpose Entities, Including Public Colleges and Universities Copyright © 2015 McGraw-Hill Education. All rights reserved. Chapter 9 – Learning Objectives Identify the required financial statements of varying types of special-purpose entities Prepare combined fund-basis/government-wide financial statements for a special purpose entity engaged in a single governmental activity Apply the accrual basis of accounting in the recording of typical transactions of a public college or university Prepare the financial statements of a public college or university Special Purpose Entities General Purpose Governments include: States, counties, cities, towns, and villages. Special Purpose Entities include: Fire protection districts, park districts, public colleges and public authorities. A Special Purpose Entity may be a component unit of a General Purpose government. Special Purpose Entity Reporting If the entity is engaged in governmental and business type activities Use general GASB 34 reporting model (chapters 3-8) and report both fund basis and government-wide financial statements If the entity is engaged in multiple governmental activities Use general GASB 34 model, just omit enterprise funds statements which are not applicable. Again, report both fund basis and government-wide financial statements Special Purpose Entity Reporting If the entity is engaged in single governmental activity The entity can prepare governmental fund, government-wide statements, and reconciliation effects all on one combined statement If the entity is engaged only in business-type activities The entity can prepare enterprise fund financial statements (no need for government-wide) If the entity is engaged only in fiduciary type activities The entity can prepare fiduciary fund financial statements (no need for government-wide) General Fund Capital Projects Fund Total Governmental Funds .

• Kế toán - Kiểm toán
• Accounting for governmental
• Not for profit organizations
• Financial reporting for governmental
• Special purpose entities
• Public college financial reports
• 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
• Nonprofit entities
• 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