Fundamentals of Governmental Accounting and Reporting

Chapter 1 1-1 The Governmental Environment and GAAP 1-1 Governmental environment 1-2 Which organizations are required to follow GASB standards? 1-8 GAAP and standards-setting organizations 1-9 The governmental environment and GAAP 1-12 Practice questions 1-13 Chapter 2 2-1 Fund Accounting and the Financial Reporting Model 2-1 Fund fundamentals 2-2 Fund structure 2-4 Overview of the financial reporting model 2-8 Summary 2-10 Practice questions 2-11 Chapter 3 3-1 Budgeting 3-1 The role of budgets 3-2 Encumbrances 3-5 Comparing budgeted amounts to actual amounts 3-7 Summary 3-8 Practice questions 3-9 Chapter 4 4-1 Measurement Focus and Basis of Accounting 4-1 Terminology 4-6 Summary 4-11 Practice questions 4-12 Chapter 5 5-1 Governmental Funds: Revenues and Expenditures 5-1 Revenues 5-3 Expenditures 5-7 Governmental funds revenues and expenditures 5-14 Practice questions 5-15 Chapter 6 6-1 Proprietary Funds 6-1 Use of proprietary funds 6-2 Accounting differences 6-4 Reporting differences 6-13 Summary 6-14 Practice questions 6-15 Chapter 7 7-1 Fiduciary Funds 7-1 The use of fiduciary funds 7-2 Accounting differences 7-4 Reporting differences 7-5 Practice questions 7-7 Chapter 8 8-1 Fund Financial Statements 8-1 General-purpose financial statements 8-2 Reporting by major funds 8-3 Governmental funds 8-6 Proprietary funds 8-8 Fiduciary funds 8-12 Summary 8-13 Practice questions 8-14 Chapter 9 9-1 Reporting Entity 9-1 The reporting entity 9-2 Reporting component units 9-6 Joint ventures and other organizations 9-8 Summary 9-9 Practice questions 9-10 Chapter 10 10-1 Government-Wide Financial Statements 10-1 Purpose of the government-wide statements 10-2 The worksheet approach 10-6 Summary 10-15 Practice questions 10-16 Chapter 11 11-1 Financial Reporting and the Comprehensive Annual Financial Report 11-1 Practice questions 11-11 Chapter 12 12-1 Special-Purpose Governments 12-1 Background 12-2 Summary 12-5 Practice questions 12-6 Appendix A A-1 City of Charlottesville — Basic Financial Statements A-1 Appendix B B-1 City of Charlottesville — Required Supplementary Information B-1 Appendix C C-1 City of Charlottesville — MD&A and Statistical Section C-1 Appendix D D-1 University of Virginia — Basic Financial Statements D-1 Glossary Glossary 1 Index Index 1 Solutions Solutions 1 Chapter 1 Solutions 1 Chapter 2 Solutions 2 Chapter 3 Solutions 4 Chapter 4 Solutions 6 Chapter 5 Solutions 7 Chapter 6 Solutions 8 Chapter 7 Solutions 10 Chapter 8 Solutions 11 Chapter 9 Solutions 13 Chapter 10 Solutions 14 Chapter 11 Solutions 17 Chapter 12 Solutions 19