Assessing a state's financial condition
Article Abstract:
The Statement No. 34, 'Basic Financial Statements and Management's Discussion and Analysis for State and Local Government (SLGs), issued by the Governmental Accounting Standards Board's (GASB) financial information for the state government is reported as a single entity and these government-wide statements provide consistent measurements open the way to developing "industry standards" (comparisons) for state government eliminates the lack of entity-wide financial statements found in general-purpose financial statements. The commonly used business financial too that be used in an SLG analysis are discussed.
Publication Name: The Journal of Government Financial Management
Subject: Government
ISSN: 1353-1385
Year: 2006
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Hurricanes, Tornadoes and other: Reporting their effect applying GASB 42
Article Abstract:
A new accounting standard provides guidance on how to report typical damage done to buildings and other capital assets from a natural disaster. The GASB statement No. 42 contains several different types of approaches for measuring and reporting capital asset requirement and contains several different types of approaches for measuring and reporting capital asset impairments.
Publication Name: The Journal of Government Financial Management
Subject: Government
ISSN: 1353-1385
Year: 2006
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Introduction to GASB
Article Abstract:
A brief background information about the Governmental Accounting Standards Board (GASB) is presented. Projects on GASB's technical agenda, including accounting and financial reporting for fund balances, intangible assets and economic condition are discussed.
Publication Name: The Journal of Government Financial Management
Subject: Government
ISSN: 1353-1385
Year: 2005
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