[parlando]

I was reviewing the Becker Final Review of FAR.

Could anyone please tell me when calculating the adjustments to reconciliate the Statement of Revenues, Expenditures, and Changes in Fund Balance (what Becker referred to as GALS-GOES), will you “ADD” or “SUBTRACT” the Service (internal) Fund Net Income (GALS-GOE”S”) from the GRASPP-Net change in fund balance? And why?

I was totally confused because Becker said “ADD” in the PassMaster lecture and “SUBTRACT” in the Final Review session…

Thank you very much!

[Herbieherb]

You have to add it.

NEW YORK- DONE

[Author]

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