18
Accounting Issues
•
•
Major funds
•
Enterprise fund accounting
•
Internal service fund
accounting
•
Infrastructure/modified
approach
•
Capitalized interest cost
•
Depreciation/accum dep
•
Valuation of receivables
•
•
Inventory valuation
•
Restricted assets
•
L-T liabilities
•
Elimination of internal
allocations
•
Accrual adjustments
•
Cost allocation
•
Interest exp distrib.
•
FASB stmts
•
Ø
Will impact all entities