MEASUREMENT FOCUS - 7430

(Revised: 08/2026)

 

 

A fund’s measurement focus relates to what is measured, or the transactions and events recorded in the fund’s accounting records and reported in its financial statements.

Current Financial Resources Measurement Focus

Governmental fund types use the current financial resources measurement focus to report current financial activities. This measurement focus has the following features:

• Measures cash and other assets that are expected to be converted to cash within or shortly after the accounting period.
• Measures whether the financial resources obtained during the accounting period are sufficient to cover expenditures against the fund during that period.
• Does not report long-term capital assets and long-term obligations.

Economic Resources Measurement Focus

Proprietary and fiduciary fund types use the economic resources measurement focus to report financial activities. This measurement focus has the following features:

• Measures all current and noncurrent assets.
• Measures all short and long-term liabilities.
• Records depreciation/amortization as operating costs.

 

 

 

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