Governmental Assets, Liabilities, Revenues, and Expenses
Governmental accounting involves the systematic tracking of financial transactions pertaining to public sector entities. It encompasses the recognition, measurement, and reporting of assets, liabilities, revenues, and expenses to provide a transparent and accurate representation of a government entity's financial position and operating results, in accordance with relevant accounting standards and regulations.
Lesson Videos
Governmental Assets, Liabilities, Revenues & Expenses Overview and Objectives
Governmental Fund Structure
Governmental Revenues - General Fund
Governmental Expenditures - General Fund
Governmental Revenues - Special Revenue Fund
Governmental Expenditures - Special Revenue Fund
Governmental Revenues - Debt Service Fund
Governmental Expenditures - Debt Service Fund
Governmental Revenues - Capital Projects Fund
Governmental Revenues - Debt Service Fund Example
Governmental Expenditures - Capital Projects Fund
Governmental Revenues and Expenditures - Permanent Fund
Governmental Assets, Liabilities, Revenues & Expenses Summary
Conceptual framework - Practice Questions
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