Financial Reporting Under GASB Statement No. 34 and ASBO International Certificate of Excellence in Financial Reporting

Download or read book Financial Reporting Under GASB Statement No. 34 and ASBO International Certificate of Excellence in Financial Reporting written by Gary Heinfeld and published by R&L Education. This book was released on 2003-01-10 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prepared in response to ASBO International members' requests for help preparing financial statements under the Governmental Accounting Standards Board's Statement No. 34, this guide provides a wealth of information about new requirements for accounting and reporting. The guide outlines the sections of a Comprehensive Annual Finance Report (CAFR) under GASB Statement No. 34 and offers specific examples of financial statements and other applicable financial information included in actual CAFRs prepared by school systems. The appendix includes two CAFRs prepared for the same school system: one prepared using the old reporting model and one prepared using the new reporting model. The book is an invaluable tool for school systems that are preparing CAFRs for submission to ASBO International for a Certificate of Excellence in Financial Reporting.