Wiley GAAP for Governments 2020

11DEFINITION OF THE REPORTING ENTITY

• Introduction
• Background
• Accountability Focus
• Financial Reporting Entity Defined
  • Primary Government
• GASB Statement No. 61 (GASBS 61), The Financial Reporting Entity—An Amendment of GASB Statements No. 14 and No. 34
• Determining Whether Certain Fundraising Organizations Are Component Units—Amendment Of Gasb Statement No. 14
• GASB Statement No. 90 (GASBS 90), Majority Equity Interests—an Amendment of GASB Statements No. 14 and No. 61
• GASB Technical Bulletin 2004-1 (GASBTB 2004-1), Tobacco Settlement Recognition and Financial Reporting Entity Issues
• Display of Component Units
  • Overview of Reporting Component Units
  • Discrete Presentation of Component Units
  • Blended Component Units
• Government Combinations and Disposals of Government Operations
  • Identifying Government Combinations
  • Types of Government Combinations
  • Government Mergers
  • New Governments
  • Reporting Government Mergers in Governmental Fund Financial Statements
  • Consideration
  • Intra-Entity Government Acquisitions
  • Reporting Government Acquisitions on a Provisional Basis
  • Reporting Government Acquisitions in Governmental Fund Financial Statements
  • Transfers of Operations
  • Reporting Transfers of Operations in Governmental Fund Financial Statements
  • Disposals of Government Operations
  • Reporting Disposals of Government Operations in Governmental Fund Financial Statements
  • Notes to the Financial Statements
• Summary

INTRODUCTION

One of the challenges facing the preparer of financial statements for a ...