Government-Wide Financial Statements
Government as a Single Entity
Government-wide financial statements present governmental and business-type activities using full accrual accounting and the economic resources measurement focus. They provide a broad overview of the government's financial position.
- Statement of Net Position.
- Statement of Activities.
- Full accrual accounting.
- Long-term assets and liabilities included.
Summary
Government-wide statements provide an overall picture of the government's financial health.
