piFundamentals of Governmental Accounting and Reporting ifeatures the foundational tenets of governmental accounting and reporting in today's environment. Featuring updated accounting for GASB Statement No. 84, and fiduciary activities, this work reviews underlying concepts and shows how they are applied through real-life examples of CAFR, financial statements and updates of recent GASB standards.Key areas covered include p ul liThe governmental environment and GAAP li liFund accounting and the financial reporting model li liBudgeting li liMFBA li liRevenues and expenditures li liGovernmental, proprietary, and fiduciary funds li liGovernment-wide financial statements li liCAFR li liSpecial purpose governments li liDeferred outflows of resources and deferred inflows of resources li ul