Government Wide Statements
General Approach to preparing government-wide statements from fund statements:
Start with a year-end trial balance that combines all of the governmental funds.
Eliminate all inter-fund transactions.
Adjust capital asset-related accounts
Adjust long-term, debt-related accounts
Adjust for differences in basis of accounting
Consolidate the internal service fund
Complete the government-wide trial balance
Divide the accounts between Statement of Net Assets and Statement of Activities and then among the various functional accounts.