Reconciliations of Net Operating Cost and Unified Budget Deficit

Description

These statements reconcile the results of operations (net operating cost) on the Statements of Operations and Changes in Net Position to the unified budget deficit. The premise of the reconciliation is that the accrual and budgetary accounting bases share transaction data.

Resources

Name Format Description Link
21 reconciliations-of-net-operating-cost.html https://fiscal.treasury.gov/reports-statements/financial-report/reconciliations-of-net-operating-cost.html

Tags

  • net-operating-cost-unified-budget-deficit

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