Here is the synopsis of our sample research paper on Accrual Accounting in the US Government. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 10 page paper looks at a three sets of questions posed by the student. All questions concern the use of adjusted accrual accounting in government. The first part looks at some of the basic elements of accounting, these are short answers examples include defining when revenue is recognised and what is meant by available, classifying property tax and how income form grants is dealt with. The second part of the paper uses a case study and identified the amounts that are would be input under different headings. The last part considers where specific items may be included in the accounts. The bibliography cites 2 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEacccase.rtf
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Unformatted sample text from the term paper:
are also available. The student will note that this is answer d on the multiple choice questionnaire. 2. The key term to this is available. This does not mean
that the cash is in hand already, but that is collectable within a period of time. In usual circumstances this will mean that the funds are collected within a period
of time such as 45 days, 60 days or even 90 days. However with local authorities there are different budget periods and payment periods, and areas such as the California
Department of Education have used the period of one year to avoid any distortion of the revenue patterns (CDE, 2003). Therefore, when answering this question we need to look at
the options. The option available to finance expenditures in the current period is therefore wring, as it implies the funds would need to be on hand. Subject to accrual is
also wrong as this would not indicate that it is collectable. We have already seen that to be available the funds need to be collectable, and as such the answer
to what available means is collectable. 3. When trying to classify property taxes in a taxation class we need to look at the various forms. Taxes may be levied
when there is an exchange transaction. However, property taxes are payable every year based on the value of the property, as such this is not an exchange transaction tax as
there is not an exchange. This leaves the options of a derived tax transaction and an imposed none exchange transaction. Derived tax is that which is derived, such as income
tax on personal earnings, corporation tax or taxes placed on alcohol and tobacco. The last option is that of an imposed non-exchange transaction. A non-exchange transaction tax is where
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