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General Collecting Policy  Form

General Collecting Policy Form

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hello and welcome to the session this is Professor Farhad and the session we're going to be doing accounting for the general fund before we start I just want to make sure you understand that we have to know a few things before we start the session do you know what modified accrual accounting is if not please go to my modified accrual accounting session and view modified accrual make sure you understand this also you want to know how does governmental budgeting work appropriation encumbrances and estimated revenues which I have a recording for that and we're gonna deal with transaction with inter fund governmental activities so those are helpful if you know them before you start this session otherwise you can go through the example but to really understand what we're gonna go through is you have to understand those those three topics so let's start by doing a quick review about fund accounting what is fund accounting well again what is the purpose of fund accounting the purpose of fund

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