Government Financial Statement
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A Government Financial Statement is a Financial Statements that is a government report.
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- Example(s):
- See: Cash Flow Statement, Financial Statements.
References
2016
- (Wikipedia, 2016) ⇒ https://en.wikipedia.org/wiki/government_financial_statements Retrieved:2016-9-2.
- Government financial statements are annual financial statements or reports for the year. The financial statements, in contrast to budget, present the revenue collected and amounts spent. The government financial statements usually include a statement of activities (similar to an income statement in the private sector), a balance sheet and often some type of reconciliation. Cash flow statements are often included to show the sources of the revenue and the destination of the expenses.