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About United States Government Notes To The Financial Statements For The Fiscal Years Ended September 30, 2019, and 2018
This document provides notes to the financial statements for the United States government for fiscal years 2019 and 2018. Note 1 discusses the reporting entity and basis of accounting. The government's reporting entity includes the executive, legislative, and judicial branches. Fannie Mae, Freddie Mac, and the Federal Reserve System meet the criteria for disclosure entities and are not consolidated. The financial statements are prepared using generally accepted accounting principles on an accrual basis, with some exceptions. New accounting standards implemented in the current year relate to public-private partnerships, insurance programs, budget and accrual reconciliation, and omnibus amendments.
Detailed Information
Author: | ['Loki'] |
---|---|
Publication Year: | 2020 |
Pages: | 13 |
Language: | English |
Format: | |
Price: | FREE |
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