Government Reporting - Fixed Assets April 2016

26
FIXED ASSET REPORTING uraccounted4accounting.com

Transcript of Government Reporting - Fixed Assets April 2016

Page 1: Government Reporting - Fixed Assets April 2016

GOV'T ACCOUNTING

FIXED ASSETREPORTING

uraccounted4accounting.com

Page 2: Government Reporting - Fixed Assets April 2016

I n t h i s s e c t i o n w e w i l l c o v e r :uraccounted4accounting.com

Statement ofNet Position

Page 3: Government Reporting - Fixed Assets April 2016

I n t h i s s e c t i o n w e w i l l c o v e r :

Statement ofNet PositionAsset Side

uraccounted4accounting.com

Page 4: Government Reporting - Fixed Assets April 2016

I n t h i s s e c t i o n w e w i l l c o v e r :

Statement ofNet PositionAsset SideNet Position

uraccounted4accounting.com

Page 5: Government Reporting - Fixed Assets April 2016

https://www.youtube.com/watch?v=LPNRn6t2l6Y

Click here for the narratedversion of this deck on

Takes less than 5 minutes.

Page 6: Government Reporting - Fixed Assets April 2016

NYSCAFR3/31/15

facebook.com/uraccounted4accounting/

Page 7: Government Reporting - Fixed Assets April 2016

Deprec Assets $12,781

Acc Deprec $7,690

facebook.com/uraccounted4accounting/

I n M i l l i o n s

Page 8: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 9: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 10: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 11: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 12: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 13: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 14: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 15: Government Reporting - Fixed Assets April 2016

DEBITS$81,007+ 5,091

= $86,098

facebook.com/uraccounted4accounting/

CREDITS

$69,286

DIFF $ 16 ,812???

Page 16: Government Reporting - Fixed Assets April 2016

L IAB I L I T I ES

facebook.com/uraccounted4accounting/

Page 17: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

NET INVESTED INCAPITAL ASSETS

Basis- A/D

- Related Debt

Page 18: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

What's RelatedDebt?

Page 19: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Think"MORTGAGE"

Page 20: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

BONDS

Page 21: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Page 22: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

You GottaKnow The

Relationship!

Page 23: Government Reporting - Fixed Assets April 2016

facebook.com/uraccounted4accounting/

Not All NetPositionIs Liquid

Page 24: Government Reporting - Fixed Assets April 2016

R e c a p o f w h a t w e c o v e r e d :

Report fixed assets netof accumulateddepreciation

uraccounted4accounting.com

Page 25: Government Reporting - Fixed Assets April 2016

R e c a p o f w h a t w e c o v e r e d :

Report fixed assets netof accumulateddepreciation

uraccounted4accounting.com

"Invested In CapitalAssets" is net of relateddebt

Page 26: Government Reporting - Fixed Assets April 2016

We hope this helps.If you found this presentation useful

pleaseLIKE, SHARE OR COMMENT

VISIT OUR WEBSITEand

OUR FACEBOOK PAGEThanks.