Statutes, codes, and regulations
Wyoming Administrative Code
Agency 048 - Health, Department ofSubagency 0005 - Behavioral Health - Personnel & Program Quality
Chapter 12 - ACCOUNTING AND AUDIT REQUIREMENTS
Section 12-2 - Recording and Reporting Standards

048-12 Wyo. Code R. § 12-2

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Current through April 27, 2019
Section 12-2 - Recording and Reporting Standards

(a) Financial information shall be reported on a basis consistent with prior methods classified in a manner that recognizes inherent similarities, differences, and interrelationships.

(b) The financial and qualitative information that can be used to influence decision making shall be disclosed with the financial statement consisting of:

  • (i) State of Financial Position (Balance Sheet);
  • (ii) State of Support Revenue and Expenses (Detailed), in accordance with Chapter 7, Section 2(x)(D) of these rules;
  • (iii) Statement of Changes of Fund Balance;
  • (iv) Related Qualitative Disclosures (Footnotes); and
  • (v) Grant or Contract Compliance Disclosure.

(c) All capitalized assets purchased or donated, all liabilities, fund balances, all revenues, all expenses shall be recorded in conformity with generally accepted accounting principles.

048-12 Wyo. Code R. § 12-2