Questions from Advanced Accounting

Q: Read the following journal article: “25 Years of State and

Read the following journal article: “25 Years of State and Local Governmental Financial Reporting— An Accounting Standards Perspective,” The Government Accountants Journal, Fall 1992. Or, as an altern...

Q: Go to www.phoenix.gov and do a search for

Go to www.phoenix.gov and do a search for the term “CAFR.” Those results should lead to the latest CAFR for the City of Phoenix, Arizona. The financial statements for a state and local government must...

Q: Search the Internet for the official website of one or more state

Search the Internet for the official website of one or more state or local governments. After reviewing this website, determine whether the latest comprehensive annual financial report (CAFR) is avail...

Q: Go to the website www.gasb.org and click on

Go to the website www.gasb.org and click on “Projects” included in the list that runs across the top of the page. Then click on “Current Projects & Pre-Agenda Research.” Click on one of the current pr...

Q: Read the following articles and any other papers that are available on

Read the following articles and any other papers that are available on setting governmental accounting standards: “The Governmental Accounting Standards Board: Factors Influencing Its Operation and In...

Q: Go to the website www.gasb.org and click on

Go to the website www.gasb.org and click on “About Us” included in the list that runs across the top of the page. Then click on “Mission, Vision, and Core Values.” Read the information provided by GAS...

Q: The City of Larissa recently opened a solid waste landfill to serve

The City of Larissa recently opened a solid waste landfill to serve the area’s citizens and businesses. The city’s accountant has gone to city officials for guidance as to whether to record the landfi...

Q: Obtain a copy of the original version of GASB Statement 34.

Obtain a copy of the original version of GASB Statement 34. Read paragraphs 239 through 277. Required Write a report describing alternatives that the GASB considered when it created Statement 34. In...

Q: Search the Internet for the official website of one or more state

Search the Internet for the official website of one or more state or local governments. On this website, determine whether the latest comprehensive annual financial report (CAFR) is available. For exa...

Q: The City of Abernethy has three large bridges built in the later

The City of Abernethy has three large bridges built in the later part of the 1980s that were not capitalized at the time. In creating government-wide financial statements, the city’s accountant is int...