Interfund Transfers
Accounting for Governmental and Nonprofit Entities, Ch. 9
(MARTIN GINSBURG)
using a government entity,identify where an interfund transfer has occurred?
Explain which funds were involved in the transfer.
Why would a government entity transfer money from one fund to another?
How are the interfund transfers reported on a financial report?
(MARTIN GINSBURG)
using a government entity,
identify where the government-wide statements have been presented using the fund statements.
What is a governmental reporting entity?
Accounting for Government and Non-Profit Entities, Ch. 10
MARTIN GINSBURG
using a government entity you are interested in,
What are some examples of that government’s source of revenue?
How are these sources accounted for?
In regards to GASB guidelines, what is the revenue recognition criteria used in government entities and how would it be used in this government entity?
Answer preview to interfund transfers
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