Discussion Post I: Management's Discussion & Analysis (MD&A)
Describe the major items disclosed in the MD&A section of published financial reports.
Discussion Post II: Major Funds
Describe the major funds for a governmental entity and what items belong in those funds. These funds include the general fund, a governmental or enterprise fund, and any other fund the governments' office believes is particularly important (as described in Chapter 9).
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.
Textbook: Ives, M., Patton, T., Patton, S. (2013). Introduction to governmental and not-for-profit accounting (7th ed.). Pearson.
o Chapter 5: The Governmental Fund Accounting Cycle: Additional Transactions of General and Special Revenue Funds - Introduction to Permanent Funds
o Chapter 6: The Governmental Fund Accounting Cycle: Capital Projects Funds, Debt Service Funds, and Special Assessments
o Chapter 7: The Governmental Fund Accounting Cycle: Proprietary-Type Funds
o Chapter 9: Reporting Principles and Preparation of Fund Financial Statements.