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Countywide Oversight Board Fresno County Special Accounting 2281 Tulane Street, Room 104, Fresno CA 93721 Tel (559) 6003491 Fax (559) 6001450 In compliance with Americans with Disabilities Act, if

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What is special accounting?

Special accounting is a specialized form of accounting that involves tracking and reporting financial transactions in a unique or specific manner, often required by regulatory agencies or for particular transactions.

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Organizations and individuals involved in specific financial transactions, such as trusts, estates, or businesses under certain regulations, are typically required to file special accounting.

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The purpose of special accounting is to provide a detailed and transparent overview of specific financial activities or transactions, ensuring compliance with laws and regulations.

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Information reported on special accounting typically includes detailed transactions, asset valuations, liabilities, income and expenses related to the specific accounting requirements.

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