Explain why governments use fund accounting


Problem: Governmental Reporting PPT

Create 10 to 12 slides presentation, with speaker notes, to a nonfinancial audience explaining how increasing scrutiny and demand for accountability by the public has influenced reporting for governmental entities.

• Explain why governments use fund accounting.

• Analyze the importance of budget and control of government resources.

• Explain how the GASB revenue and expense recognition model may improve the usefulness of the information governments report to the public.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Explain why governments use fund accounting
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