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StateBarofTexas FinancialStatements FortheYearEndedMay31,2012 (Thispageintentionallyleftblank.) StateBarofTexas TableofContents IndependentAuditorsReport ManagementsDiscussionandAnalysis(Unaudited)
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What is budgetgaapbasisandactualgeneralfund?
Budget GAAP basis and actual general fund is a financial statement that compares the budgeted amounts with the actual amounts for a specific period.
Who is required to file budgetgaapbasisandactualgeneralfund?
Government entities and organizations are required to file budget GAAP basis and actual general fund.
How to fill out budgetgaapbasisandactualgeneralfund?
To fill out budget GAAP basis and actual general fund, one must input the budgeted amounts and compare them with the actual amounts of revenue and expenditures.
What is the purpose of budgetgaapbasisandactualgeneralfund?
The purpose of budget GAAP basis and actual general fund is to analyze the financial performance and adherence to the budget of an entity.
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Information such as revenues, expenditures, budgeted amounts, actual amounts, and any variance between the two must be reported on budget GAAP basis and actual general fund.
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