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Unformatted text preview: Guide and educate the public, including issuers, auditors, and users of those financial reports. The mission is accomplished through a comprehensive and independent process that encourages broad participation, objecti v e Source: http://gasb.org/jsp/GASB/Page/GASBSectionPage±cid=1175804850352 a. The financial reporting entity is the primary government and its component units. b. A primary government is a state government, a general-purpose local government, or a special purpose government. An ex a c. A component unit is a legally separate organization for which the elected officials of the primary government are financially a d. Blended organizations are reported as though they were funds of the primary government. Blending is used when the comp o...
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This note was uploaded on 08/14/2011 for the course ACC 380 taught by Professor Any during the Spring '11 term at Ashford University.
- Spring '11
- Fixed Assets