General Revenue Requirements for Annual Financial Reports - Archive

Topics:
Revenue recognition
Tags:
Advertising & Promotion,
Payroll Solutions,
Operational Accounting,
Marketing,
Financial Statements,
Financial Accounting,
Financial,
Finance,
Comptroller,
Calculation,
...
Source:
Texas Comptroller of Public Accounts: Window on State Government

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Overview: At the end of the fiscal year, a calculation is necessary to determine the amount of budget an agency has been given by the General Appropriations Act (GAA), Riders, other special legislation and some additional payroll expenditures. This calculation will also determine the amounts used for the operating statement impact and the balance sheet asset amount for the remaining appropriation authority available to be spent in future years. This calculation is determined by extracting various entries made into USAS throughout the year. Due to the nature of this calculation, reports are made available to agencies to help determine accurate amounts to be used on the agencies' AFR.

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Format: PDF | Size: 141KB | Date: Jun 2002 | Pages: 41

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