FAR – Government wide F/S

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  • #186790
    Anonymous
    Inactive

    As far as I understand, Government wide Financial Statement only covers GRaSPP+S

    Government wide Financial Statement does NOT cover E+PAPI , am I right?

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  • #579277
    JamesBJames
    Participant

    Right. To double check, I googled some stuff and this came up:

    “[Internal service funds] will be reported in the “governmental activities” column of the statement of net position (rather than the “business-type activities” column), even though internal service funds are proprietary funds rather than governmental funds. The GASB reasons that this treatment is appropriate because the activities accounted for in internal service funds are usually more governmental than business-type in nature”

    FAR: May 1st, 2014 - 91
    AUD: May 29th, 2014 - 97!
    BEC: July 16th, 2014 - 91
    REG: August 29th, 2014 - 88

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    #579278
    Anonymous
    Inactive

    Thanks JamesBJames! Good luck with your BEC test

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