Govt Stmt

Question 1

1. Introductory section Letter of transmittal 2. Financial section Auditors report MDA Basic F/S Notes to basic F/S RSI ( BCSchedules) 3. Statistical section Supplementary data for readers

Answer 1

Basic F/S: 1. Govt-wide f/s - Accrual - Stmt of net position - Stmt of net activities 2. Fund f/s - Modified accrual Government: - B/S - Stmt of rev, expenditures, 🔼 fund balance Proprietary: - stmt of net position - stmt of rev, expenses, 🔼 fund net position - cash flow: op, inv, cap-fin related, non-cap fin r Fiduciary: - stmt of fiduciary net position - stmt of 🔼 fiduciary net position