measurement focus of accounting governmental funds

Measurement Focus of Accounting for Governmental Funds

In this video on CPA FAR governmental accounting, we’ll cover the measurement focus of accounting for governmental funds such as the general fund, including the modified accrual basis of accounting. We’ll cover the current financial resources measurement focus of the modified accrual basis of accounting, and how revenues accrued under the modified accrual basis need to be measurable and available, vs measurable and earned under full accrual accounting.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

Get the Free Guide & Free Questions...

Access will be instantly sent to the email address you enter below.