Government Reporting - Fixed Assets April 2016
-
Upload
christopher-farrell-cpa -
Category
Education
-
view
88 -
download
1
Transcript of Government Reporting - Fixed Assets April 2016
![Page 1: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/1.jpg)
GOV'T ACCOUNTING
FIXED ASSETREPORTING
uraccounted4accounting.com
![Page 2: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/2.jpg)
I n t h i s s e c t i o n w e w i l l c o v e r :uraccounted4accounting.com
Statement ofNet Position
![Page 3: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/3.jpg)
I n t h i s s e c t i o n w e w i l l c o v e r :
Statement ofNet PositionAsset Side
uraccounted4accounting.com
![Page 4: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/4.jpg)
I n t h i s s e c t i o n w e w i l l c o v e r :
Statement ofNet PositionAsset SideNet Position
uraccounted4accounting.com
![Page 5: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/5.jpg)
https://www.youtube.com/watch?v=LPNRn6t2l6Y
Click here for the narratedversion of this deck on
Takes less than 5 minutes.
![Page 6: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/6.jpg)
NYSCAFR3/31/15
facebook.com/uraccounted4accounting/
![Page 7: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/7.jpg)
Deprec Assets $12,781
Acc Deprec $7,690
facebook.com/uraccounted4accounting/
I n M i l l i o n s
![Page 15: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/15.jpg)
DEBITS$81,007+ 5,091
= $86,098
facebook.com/uraccounted4accounting/
CREDITS
$69,286
DIFF $ 16 ,812???
![Page 16: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/16.jpg)
L IAB I L I T I ES
facebook.com/uraccounted4accounting/
![Page 17: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/17.jpg)
facebook.com/uraccounted4accounting/
NET INVESTED INCAPITAL ASSETS
Basis- A/D
- Related Debt
![Page 18: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/18.jpg)
facebook.com/uraccounted4accounting/
What's RelatedDebt?
![Page 19: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/19.jpg)
facebook.com/uraccounted4accounting/
Think"MORTGAGE"
![Page 22: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/22.jpg)
facebook.com/uraccounted4accounting/
You GottaKnow The
Relationship!
![Page 23: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/23.jpg)
facebook.com/uraccounted4accounting/
Not All NetPositionIs Liquid
![Page 24: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/24.jpg)
R e c a p o f w h a t w e c o v e r e d :
Report fixed assets netof accumulateddepreciation
uraccounted4accounting.com
![Page 25: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/25.jpg)
R e c a p o f w h a t w e c o v e r e d :
Report fixed assets netof accumulateddepreciation
uraccounted4accounting.com
"Invested In CapitalAssets" is net of relateddebt
![Page 26: Government Reporting - Fixed Assets April 2016](https://reader034.fdocuments.in/reader034/viewer/2022051707/58ed489a1a28ab267b8b457d/html5/thumbnails/26.jpg)
We hope this helps.If you found this presentation useful
pleaseLIKE, SHARE OR COMMENT
VISIT OUR WEBSITEand
OUR FACEBOOK PAGEThanks.