Question
Identify the location of each report, transaction, data element, or reporting objective described in the table below in the financial statements of a local government
Identify the location of each report, transaction, data element, or reporting objective described in the table below in the financial statements of a local government that complies with GASB 34 by clicking in the associated cells and selecting from the option list provided.
A | B | ||
---|---|---|---|
1 | Report / Activity / Reporting Objective | Financial Statement Location | |
2 | Pension fund balance sheet | a.Fiduciary fund financial statements b. Consolidated with governmental activities in the government-wide financial statements c. Consolidated with business-type activities in the government-wide financial statements d. Optional supplementary information | |
3 | Road and bridge assets reported using the modified approach | Fund financial statements Consolidated with governmental activities in the government-wide financial statements Consolidated with business-type activities in the government-wide financial statements Required supplementary information | |
4 | Non-major debt service fund | Required supplementary information Consolidated with governmental activities in the government-wide financial statements Consolidated with business-type activities in the government-wide financial statements Proprietary fund financial statements | |
5 | Internal service fund financial statements | Required supplementary information Consolidated with governmental activities in the government-wide financial statements Consolidated with business-type activities in the government-wide financial statements Fiduciary fund financial statements | |
6 | Special assessment activity for which the local government has no responsibility | Custodial funds Consolidated with governmental activities in the government-wide financial statements Consolidated with business-type activities in the government-wide financial statements Required supplementary information | |
7 |
| Required supplementary information Consolidated with governmental activities in the government-wide financial statements Consolidated with business-type activities in the government-wide financial statements Footnote disclosure | |
8 | Budget variances | Required supplementary information Consolidated with governmental activities in the government-wide financial statements Consolidated with business-type activities in the government-wide financial statements Optional supplementary information | |
9 | Analysis of significant budget variances | Management's discussion and analysis Consolidated with governmental activities in the government-wide financial statements Required supplementary information Optional supplementary information | |
10 | Details of non-major fund financial statements | Optional supplementary information Required supplementary information Fund financial statements Footnote disclosure | |
11 | Definition of "measurable and available" | Required supplementary information Optional supplementary information Optional footnote disclosure Required footnote disclosure |
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