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re: BEC CPA Question

Posted on 8/9/11 at 4:21 pm to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/9/11 at 4:21 pm to
Actually, its called modified accrual accounting, fwiw.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/9/11 at 5:30 pm to
Maybe it wasn't agency fund, but some other fund type. I don't know, I don't do local/state work so learned it for the test and promptly forgot about it. It was one of the fund types that doesn't report depreciation though.
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