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Guide on implementing GASB 9.

The Governmental Accounting Standards Board issued an implementation guide for GASB Statement no. 9, Reporting Cash Flows of Proprietary and Nonexpendable Trust Funds and Governmental Entities That Use Proprietary Fund Accounting.

The guide contains 75 questions and answers and 11 example statements of cash flows. Approximately one-half of the questions address cash flow classification. Other topics include

* Cash flow applicability.

* "Cash and cash equivalent" definition.

* The relationship between operating income and operating activities.

* The statement of cash flows format.

* Operating income reconciliation to net cash flow from operating activities.

* Articulation to the balance sheet.

Copies are available at $20 each from the GASB order department, P.O. Box 30784, Hartford, Connecticut 06150.
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Title Annotation:Governmental Accounting Standards Board
Publication:Journal of Accountancy
Article Type:Brief Article
Date:Aug 1, 1992
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