Governmental Accounting: Measurement Focus and Basis
Governmental accounting: measurement focus and basis refers to the system and principles used to determine the timing of revenue and expense recognition, as well as the types of resources accounted for, within government entities. It dictates whether transactions are recorded when cash changes hands or when economic events occur, and it identifies the assets and liabilities that are recognized and reported on financial statements.
Lesson Videos
Governmental Accounting: Measurement Focus and Basis Overview and Objectives
Governmental Fund Structure
Measurement Focus and Basis of Accounting
Current Financial Resources Measurement Focus
Modified Accrual Accounting
Governmental Accounting: Measurement Focus and Basis Summary
Governmental accounting: measurement focus and basis - Practice Questions
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