Define financial reporting entity

Assignment Help Financial Accounting

Reference no: EM13138461

With regard to GASB rules for the financial reporting entity, answer the following:
a. Define the financial reporting entity.
b. Define and give an example of a primary government.
c. Define and give an example of a component unit.
d. Define and describe the two methods of reporting the primary government
and component units in the financial reporting entity.

Reference no: EM13138461

Questions Cloud

Introduction to humanities compare the concept of god : Introduction to Humananities Compare the concept of God in the religions of ancient Hebrews, early Christians, and Muslims. In your answer, note similarities and differences among these religions concept of divinity, illustrating your answer with ref..

What is the density of copper : When 24 copper pennies are submerged in water, the pennies displace 8.26 cm3 of water. If the combined mass of the pennies is 73.86 g, what is the density of copper?

What is the full disclosure principle : What is a "conceptual framework" and why is it important in the standard setting process?

What mass of water (in grams)is contained : An aqueous solution contains 12.7% NaCl by mass. What mass of water (in grams)is contained in 2.5L of the vapor above this solution at 55 celcius? the vaor pressure of pure water at 55 celcius is 118 torr.

Define financial reporting entity : With regard to GASB rules for the financial reporting entity, answer the following:Define financial reporting entity.

Define in comparing the behaviour of an n-channel mosfet : In comparing the behaviour of an n-channel MOSFET with a p-channel device having identical geometry and threshold voltage, it is found that the n-channel FET has a greater drain current than that of the p-channel FET.

Explain the meaning of temporary and permanent differences : What is the difference between pretax financial income and taxable income? Explain the meaning of temporary and permanent differences. Give at least two unique examples of each (please do not repeat what other students have posted)

Jones has an interest in history : Jones has an interest in history, particularly commercial history. In 2005 he purchased 500 old share certificates from an acquaintance who practised in the area of insolvency and liquidation.

Environment issues of consumer groups about razor brush : Any environment issues of consumer groups about Razor Brush

User Account

All Pages