GASB Statement No. 34, Basic Financial Statements - and Management's Discussion and Analysis - for State and Local Governments • GASB Statement No. 42, Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance Recoveries • GASB Statement No. 51, Accounting and Financial Reporting for Intangible Assets • GASB Concepts Statement No. 4, Elements of Financial Statements • GASB Staff Comprehensive Implementation Guidance, Chapter 7 • FASB Accounting Standards Codification (ASC) NOTE: Upon adoption of the policies and procedures in this Series, each department should ensure proper segregation of duties are in place, i.e. no one person should be able to provide transaction authorization, maintain recordkeeping and have custody of the related assets. Please refer to AC-5a, paragraph .03. Control Objective: Financial information is complete and appropriately presented in compliance with prescribed accounting standards, and all information that is necessary for fair presentation and compliance with professional standards or legal requirements is disclosed. Scope
Appears in 5 contracts
Samples: Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement
