The accounting convention which determines: (1) which assets and which liabilities are included on the governmental unit's balance sheet; and (2) whether its operating statement presents "financial flow" information (revenue and expenditures) or "capital maintenance" information (revenues and expenses). Refer to Current Financial Resources Measurement Focus and Economic Resources Measurement Focus.

Used to account for resources held by the state in a purely custodial capacity for other governments, private organizations or individuals that are not required to be reported in pension (and other employee benefit) trust funds, investment trust funds, or private-purpose trust funds.

Used to report trust arrangements, other than pension funds or investment trusts funds, under which principal and income benefit individuals, private organizations, or other governments. The resources held under these arrangements are not available to support the government’s own programs.

Used to report the external portion of investment pools reported by the sponsoring government.

Used to report resources that are required to be held in trust by the state for the members and beneficiaries of defined benefit pension plans, defined contribution pension plans, other post employment benefit plans, or other employee benefit plans.

Used to account for the provision of goods or services by one department or agency to other departments or agencies of the state or to other governmental units, on a cost-reimbursement basis. Internal service funds should only be used if the state is the predominant participant in the activity.

Used to account for any activity for which a fee is charged to external users for goods or services.

Used to account for a government's ongoing organizations and activities that are similar to businesses found in the private sector. These funds are considered self-supporting in that the services rendered by them are generally financed through user charges or on a cost reimbursement basis. Proprietary funds use the economic resources measurement focus and the accrual basis of accounting. There are two types of proprietary funds: enterprise funds and internal service funds.

Used to account for resources that are restricted to the extent that only earnings, and not principal, may be used for the benefit of the state or its citizenry.

Used to account for financial resources that are restricted, committed, or assigned to expenditures for the acquisition and construction of major capital facilities and other capital assets (other than those financed by proprietary funds or in trust funds for individuals, private organizations, or other governments).