19
Reporting Issues
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Major funds
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Enterprise funds
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Internal service funds
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Pensions
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Liabilities
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Fixed assets
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Functional categories
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Stmt of net assets
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Stmt of activities
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Direct stmt of cash flows
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Footnotes & RSI
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Budget presentation
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MD&A
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Gov’t wide vs fund
reconciliation
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Ø
Primarily impacts the OCG and State agencies
who prepare stand-alone financial statements