tailieunhanh - Editorial Special Industries and Special Topics_6

Tham khảo tài liệu 'editorial special industries and special topics_6', tài chính - ngân hàng, kế toán - kiểm toán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | AUTHORITATIVE PRONOUNCEMENTS 34 5 nouncements. Furthermore paragraph 7 of GASB No. 20 provides that governments operated as enterprise funds may apply all FASB Statements and Interpretations issued after November 30 1989 that do not conflict with or contradict GASB The requirements set forth in Health Care Organizations for governmental health care enterprises generally are directed to organizations that apply paragraph 7 of GASB No. 20. However because those entities should not apply FASB Statements and Interpretations whose provisions are limited to not-for-profit organizations or those that address issues concerning primarily such organizations they should disregard guidance contained in the Guide that is based on or provided to implement FASB Statements Nos. 116 117 124 and 136. Generally such discussions are flagged with a footnote or statement citing that proscription. Other governmental health care facilities . long-term institutional care of individuals with certain chronic conditions or mental impairments finance their operating needs primarily from government support. These facilities often use governmental fund accounting and financial reporting because they do not meet the criteria requiring the use of enterprise funds and because user fees are not a principal revenue source for the activity. Consequently they may be set us as departments under the umbrella of a city county or state government. Such organizations are subject to the AICPA audit and accounting guide Audits of State and Local Government Units. The guidance in the AICPA audit and accounting guide Health Care Organizations does not apply to these organizations and Chapter 32 rather than this chapter should be consulted for guidance regarding their accounting and financial reporting considerations. c SEC REQUIREMENTS. Although many investor-owned health care organizations are publicly traded at this time there are no unique SEC rules pertaining specifically to .