Unique Skill ID: KS124GH61P6YM2TX0DMZ

Governmental Accounting

Governmental accounting is a specialized skill that involves the accounting and financial management of government entities, such as local, state, and federal agencies, as well as non-profit organizations. It follows specific principles and guidelines, including the Governmental Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP), to ensure accurate reporting of financial information and budgeting. This type of accounting takes into account unique features, such as fund accounting, budgetary control, and financial reporting, that are specific to governmental entities.

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