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Sherman Independent School District Annual Financial Report Year Ended June 30, 2016Sherman Independent School District Annual Financial Report Year Ended June 30, 2016, Table of Contents PageExhibitINTRODUCTORY
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Reconciliation of form governmental is the process of comparing financial information reported on a governmental form with the actual financial records to ensure accuracy.
Government entities and organizations that are subject to governmental reporting requirements are required to file reconciliation of form governmental.
Reconciliation of form governmental is typically filled out by entering financial information from the form into the designated sections and ensuring that the totals match the actual financial records.
The purpose of reconciliation of form governmental is to verify the accuracy and completeness of the financial information reported on the form.
Information such as total revenue, expenses, assets, liabilities, and other financial data specific to the government entity must be reported on reconciliation of form governmental.
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