Chương 3: Kiểm toán tài chính Mô tả của báo cáo tài chính cơ bản và thông tin bổ sung bắt buộc Báo cáo tài chính cơ bản Sau đây là một mô tả ngắn gọn về cơ bản các báo cáo tài chính của bộ phận được kiểm toán bởi KPMG LLP, cũng như các thông tin chưa kiểm toán bổ sung cần thiết, được trình bày ở phần cuối của chương này. | Chapter 3 Financial Audit Description of Basic Financial Statements and Required Supplementary Information The following is a brief description of the department s basic financial statements audited by KPMG LLP as well as the unaudited required supplementary information which are presented at the end of this chapter. Basic Financial Statements Government-Wide Financial Statements Statement of Net Assets Exhibit . This statement is prepared using the accrual basis of accounting and is designed to display the financial position of the department at June 30 2003. This approach is not limited to reporting just current assets and liabilities but also capital assets and long-term liabilities. The department s net assets are classified as either invested in capital assets restricted or unrestricted. Statement of Activities Exhibit . This statement is prepared using the accrual basis of accounting and presents a comparison between direct expenses and program revenues in a format that focuses on the cost of each of the department s functions. Under this approach revenues are recorded when earned and expenses are recorded at the time liabilities are incurred regardless of when the related cash flows take place. Fund Financial Statements Balance Sheet - Governmental Funds Exhibit . This statement presents the assets liabilities and fund balances of the department s governmental funds and is prepared using the current financial resources measurement focus and the modified accrual basis of accounting. Because the emphasis of this statement is on current financial resources capital assets and long-term liabilities are not reported. Reconciliation of the Governmental Fund Balances to the Statement of Net Assets Exhibit . This statement presents a reconciliation of the department s fund balance reported in the Governmental Funds -Balance Sheet to the net assets of governmental activities reported in the Statement of Net Assets. Statement of Revenues Expenditures .
