AnCiAl-Reporting.net
Title
Financial Reporting Introduction, Standards, Internal Control Over, Manual
Description
Excerpted from the website:
- Financial Reporting Introduction
- The purpose of this chapter is to define and provide a basic understanding of financial reporting in government. Financial reporting is largely an effort to assess financial performance, that is, how well or how poorly the government performed with money entrusted to it. Financial reporting is considered a part of governmental accountability. Exactly how financial reporting is done depends in part on the model selected. As noted two major models are considered in the text. In addition, many types of financial reports can be generated but a considerable amount of attention is given to the quantitative financial statements, which are one type of report, but usually the major report.
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English
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