[thebigguy1992]

Does Government-wide mean the Governmental funds + the enterprise fund? or does it mean all of the funds together? I know it is the full accrual method i just don’t get what funds go with government-wide and how that differentiates from “governmental”?

[sdguy]

Govt agencies keep 2 sets of books. One uses fund accounting, and the other uses govt wide accounting (full accrual).

AUD: 83
FAR: 77
REG: 86
BEC: 86

[Grizzly92]

On the Gov-wide F/S you're going to have “Governmental Activities” which consist of all governmental funds PLUS internal service funds (since they primarily serve the government) and “Business-type Activities” which includes all enterprise funds. Fiduciary funds won't be on the Gov-wide F/S.

FAR: 89 5/14/16
AUD: 99 6/09/16

Becker Self Study

[thebigguy1992]

so whats the different between government-wide and governmental? i know governmental is modified accrual and uses current financial resources. it also has the GRASPP funds. what does government-wide have that is different?

[Author]

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