Baoufst-65-lfn-abzcqfclk-uupzc May 2026

To reclassify certain financial statement elements as or deferred inflows of resources .

Reporting entities, including those filing through the Michigan Treasury Online Filing system , must use these classifications to remain in compliance with Generally Accepted Accounting Principles (GAAP). baoufst-65-lfn-abzcqfclk-uupzc

: These elements are reported separately from assets and liabilities to show the "net position" of a government entity. To reclassify certain financial statement elements as or

: Items like deferred revenue (e.g., property taxes received in advance) are reclassified as Deferred Inflows of Resources . : Items like deferred revenue (e

The string provided appears to be a garbled or encoded reference to , which deals with "Items Previously Reported as Assets and Liabilities." This standard is a fundamental part of local government financial reporting. Report: Implementation of GASB Statement No. 65 Core Objective :