In your opinion, does the Bible support the use of two financial statements (fund-based and government-wide) to

Question:

In your opinion, does the Bible support the use of two (fund-based and government-wide) to report the position and operations of a local government? Is the one financial statement policy that existed prior to 1999 equally supported by the Bible?
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...