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Explain the key concepts and terms used in describing the government reporting entity (such as primary governments, special purpose governments, etc.). Apply the GASB criteria
- Explain the key concepts and terms used in describing the government reporting entity (such as primary governments, special purpose governments, etc.).
- Apply the GASB criteria used to determine whether a potential component unit should be included in the reporting entity and, when included, the manner of reporting component units.
- Identify and describe the contents and structure of various government financial reports.
- Understand and prepare the reconciliation schedules between the governmental fund financial statements and government-wide financial statements.
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