Governmental Funds

  • Creator
    Topic
  • #3303766
    pikestreet
    Participant

    Can someone explain to me the relationships between the GRASPP funds, modified accrual, and budget/activity/encumbrances? I wasn’t sure how to copy a picture onto this, but I am referring to pg F9-18 table in the Becker FAR book.

    (1) All GRASPP funds use modified accrual?

    (2) Do all GRASPP funds do budgetary accounting, activity accounting, and encumbrance accounting?

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