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Dec 29, 2011 ... THIS PAGE INTENTIONALLY LEFT BLANK ... Government-Wide Financial Statements: ... Statement of Net Assets Governmental Activities.
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Government-wide financial statements provide an overall view of the financial activities of a government entity.
Government entities are required to file government-wide financial statements.
Government-wide financial statements are filled out by compiling financial information from various departments and funds within the government entity.
The purpose of government-wide financial statements is to provide a comprehensive view of the financial position and activities of the government entity.
Government-wide financial statements must report on assets, liabilities, revenues, expenses, and other financial information of the government entity.
The deadline to file government-wide financial statements in 2023 may vary, but it is typically within a few months after the end of the fiscal year.
The penalty for the late filing of government-wide financial statements may include fines or sanctions imposed by regulatory authorities.
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