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Why Might Actual Revenues and Expenditures Reported on the Schedule

Question 82

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Why might actual revenues and expenditures reported on the schedule of revenues, expenditures, and changes in fund balances-budget and actual differ from those reported on the GAAP-basis statement of revenues, expenditures, and changes in fund balances?

Why might actual revenues and expenditures reported on the schedule of revenues, expenditures, and changes in fund balances-budget and actual differ from those reported on the GAAP-basis statement of revenues, expenditures, and changes in fund balances?

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To facilitate a True budget and actual c...

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