Discuss the difference between fund financial statements and government- wide financial statements, covering (a) the scope of

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Discuss the difference between fund financial statements and government- wide financial statements, covering (a) the scope of the statements and (b) the measurement focus and basis of accounting used in each set of statements.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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