Fiduciary Funds Financial Statements
Fiduciary Funds Financial Statements report on the assets, liabilities, and net position controlled by a governmental entity in a fiduciary capacity for individuals, private organizations, or other government units, and typically include statements of fiduciary net position and changes in fiduciary net position. These statements ensure accountability and transparency over resources for which the government is acting as a steward on behalf of others.
Lesson Videos
Fiduciary Funds Financial Statements Overview and Objectives
Governmental Fund Structure
Introduction to Fiduciary Funds
Custodial Fund
Investment Trust Fund
Private Purpose Trust Fund
Pension Trust Fund
Fiduciary Funds Disclosures
Fiduciary Funds Financial Statements Summary
Fiduciary funds financial statements - Practice Questions
"Examprep.ai helped me pass all 4 CPA exams on the first try. I highly recommend. I especially like the feedback and ratings the software provides so I know where to focus my time."
Daniel H., CPA
"I can't recommend ExamPrep.ai enough. Nick's lessons turned concepts I struggled with into strengths. I was able to pass FAR right before other exams expired!"
Andrew K, CPA
"I just want to say thank you for the great lesson videos. I couldn't stay awake through lectures of another course. After watching all your FAR lessons I was finally able to pass!"
Alyssa M., CPA Candidate
