Utah Government Finance Officers Topics

Accounting & Financial Reporting Governments operate in a different environment than for-profit businesses. As such, governments adhere to a different set of financial reporting and accounting standards. Governmental accounting and financial reporting standards help stakeholders assess how public resources were acquired and how resources are or will be spent.

Reporting standards help citizenry, legislative and oversight bodies, and investors and creditors assess how public resources are acquired and how resources will be spent.

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