Page 76 - Watauga FY21 Budget

BUDGET OVERVIEW

x Accounting, Auditing and Financial Reporting: Comply with prevailing
federal, state, and local regulations. Conform to Generally Accepted Accounting
Principles (GAAP) as prescribed by the Governmental Accounting Standards
Board (GASB), the American Institute of Certified Public Accountants (AICPA),
and the Government Finance Officers Association (GFOA).

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