Background and Definition

Lesson one from chapter V of Financial Reporting in Government
By Dr. John Sacco, George Mason University
Revised Monday, November 18, 1996

Contents:
  • Presentation
  • Examples and Visual Aides
  • Quiz

  • See Also: lesson 2, Simple Illustration of the Accounting Cycle; lesson 3, Multifund Illustration of the Accounting Cycle; and lesson 4, Complexities in the Accounting Cycle lesson 5, Use of Computers in the Accounting Cycle