Governmental Accounting Journal Entries

  • Creator
    Topic
  • #182007
    Anonymous
    Inactive

    https://sites.google.com/site/farnotes/gas-34/journal-entries–fund-based-vs-government-wide

    My book is kind of hard to understand for governmental so here are some good explanations with journal entries to help to understand.

    The second link shows when the transactions will hit the government-wide statement versus just hitting the fund account.

    Above is another link that goes through videos both of those guys have other good accounting videos that may help with the sims. I really had a hard time understanding when the government-wide financial statements are impacted versus when only the fund is impacted so I think these links are helping me understand and I thought I would share them.

    This is the poor man’s version of Becker, Roger, etc. LOL

Viewing 7 replies - 1 through 7 (of 7 total)
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    Replies
  • #665204
    UNC MAcc
    Member

    Could have used this 2 weeks ago. Dang.

    B - 89
    A - 80
    R - 78
    F - 86

    CIA, CFSA, MBA, MAcc (too many f'ing degrees and certs, I know, trust me)

    #665205
    Anonymous
    Inactive

    Awesome! thank you for sharing!!

    #665206
    jasonrobbins
    Member

    How detailed do the governmental journal entries get?

    I could spend a whole month nailing down how to do gov't accounting- is it really that complicated on the test?

    AUD- 97 1x
    REG- 81 1x
    BEC- 79 1x
    FAR- 88 1x

    DONE!

    10/1/12 to 2/28/14

    #665207
    Kimboroni
    Member

    Excellent. Love YouTube for extra study materials! Thanks for posting and bumping!

    I saw the best comic book style explanation of foreign currency translation on YouTube. It was great.

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #665208
    jasonrobbins
    Member

    ooo, can you share Kimboroni?

    AUD- 97 1x
    REG- 81 1x
    BEC- 79 1x
    FAR- 88 1x

    DONE!

    10/1/12 to 2/28/14

    #665209
    Kimboroni
    Member

    It's here: https://www.youtube.com/watch?v=q3Ui3ShOmrw

    He is Australian, so it must be foreign currency translation under IFRS. But I think most of this applies to GAAP also.

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #665210
    Dantrick
    Participant

    I love this video on derivatives! https://www.youtube.com/watch?v=FLGRPYAtReo

Viewing 7 replies - 1 through 7 (of 7 total)
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