ABS 497 Week 3 Assignment Communication PowerPoint Presentat

 This pack of ACC 380 Week 3 Discussion Question 1 comprises:


 Internal Service and Enterprise Funds


 Exercises 6-2 and 6-3

Business - Accounting
 Accounting and Financial Reporting . From Chapter 1 complete Exercise 1-6 and Exercise 1-9. From chapter 2 complete Exercise 2-2 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome. Respond to at least two of your classmates’ postings.

 GASB, CAFR ISSUES and Budgetary Comparison Schedule . From Chapter 2 complete Exercise 2-3 and from Chapter 3 complete Exercise 3-5 and Exercise 3-10 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome. Respond to at least two of your classmates’ postings.



 Government-Wide Statements Budgetary Comparison Schedule . Complete the following activities and submit your answers to your instructor in a Word document formatted to proper APA specifications. Include any relevant supporting computations and explanations.

 Review the financial information pertaining to the City of Northern Pines in problem 2-8 on pages 52 and 53 of your text. Prepare, in good form, a Statement of Activities for the city of Northern Pines for the year ended June 30, 2012. Northern Pines has no component units.

 Part Two:

 Review the financial information pertaining to the city of Eastern Shores in problem 2-9 on page 53 of your text. From the information given, prepare in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2012.

 Part Three:

 Review the financial transactions pertaining to the City of Springfield in problem 3-12 on pages 82 and 83.

 1. Record the transactions using appropriate journal entries.

 2. Prepare a budgetary comparison schedule for the General Fund.

 Modified Accrual Accounting and General Fund Items . [Complete the following questions based on the Chapter 4 material:

 a) Outline revenue recognition criteria under modified accrual accounting. Include specific requirements for property tax revenue.

 b) Outline expenditure recognition criteria under modified accrual accounting. Include the general case, recognition of debt service expenditures, and recognition of expenditures for item such as compensated absences II. Distinguish between the (1) GAAP basis and (2) budgetary basis of reporting for the General Fund.

 Do not forget to show all necessary steps and explain how you attained the outcome. Respond to at least two of your classmates’ postings.

 Trust Activities and Fund Issues . From Chapter 5 complete Exercise 5-2 and Exercise 5-4 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome. Respond to at least two of your classmates’ postings.

 G.A.S.B . Visit the website of the Governmental Accounting Standards Board (G.A.S.B.) at http://gasb.org . Review the website to learn about the organization, its act ivies, and its goals.

 Review one or more of the “Plain-Language Articles” in the “Education” section of website and prepare a two- to four- page paper formatted according to APA style, summarizing the article or position of the G.A.S.B. as presented in the article, and discussing any implications of the article or position



Complete course guide available here - https://bitly.com/12B0FNZ

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