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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.