All articles in this category pertain to government accounting. Government accounting encompasses recording and managing the financial transactions and financial reporting of the government.
Government agencies are funded by taxes and grants. Because they use taxpayer money to provide the public with goods and services, a level of transparency is expected with their financial data. There are organizations in place for government agencies to help regulate the accounting processes for their expenses, such as the FASAB and GASB.
Learn more about government accounting below.