Governmental Funds Financial Statements

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  • #1793056
    Troys22
    Participant

    Does anybody out there have a cheat sheet for all of the different types or governmental funds, proprietary funds, and fiduciary funds and the required financial statements for each?

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  • #1793776
    Parthamis
    Participant

    I used Becker primarily, but before that, I tried Wiley for FAR. there was one district nmenonic I used from Wiley for FAR:

    DRIP KEG PIPPA

    DRIP KEG: governmental & enterprise funds.
    The consonants are Governmental Funds. beware the R is for special REVENUE funds.
    The vowels are enterprise funds.

    PIPPA is for Fiduciary funds.

    I hope this helps somewhat.

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