[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-175995-105":53,"doc-detail-175995-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","acronyms-and-definition-of-key-terms","Acronyms and Definition of Key Terms","","The document provides a structured annual report and financial statements template for a county public fund prepared under the accrual basis of accounting in line with IPSAS. It includes a table of contents covering key governance, management, performance, sustainability, auditor reporting, and financial statements. The excerpt focuses on “Acronyms and Definition of Key Terms,” listing common abbreviations and defining core concepts such as fiduciary management and comparative year, followed by guidance sections for entity background, principal activities, oversight arrangements, and contact 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Morgan","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-10-23","2026-09-02",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",10,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Which accounting basis and standards does the template require?","Question",{"text":109,"@type":110},"The template is prepared under the accrual basis of accounting method under the International Public Sector Accounting Standards (IPSAS).","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What is included under “Acronyms” and “Definition of Key Terms”?",{"text":114,"@type":110},"It lists common acronyms used in the preparation of the statements and provides definitions for key concepts such as fiduciary management and comparative year.",{"name":116,"@type":107,"acceptedAnswer":117},"What information should be provided in “Key Entity Information and Management”?",{"text":118,"@type":110},"It requires background information about the fund’s authority, ownership, domicile, objectives, principal activities, and other relevant context for users of financial information.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},175995,1790123927,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":142},1099523885336,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","`Revised 30th June 2025\nXXX COUNTY XXX FUND/BOARD\n(Indicate actual name of the county and fund)\nANNUAL REPORT AND FINANCIAL STATEMENTS\nFOR THE FINANCIAL YEAR ENDED\nJUNE 30, 20xx\nPrepared in accordance with the Accrual Basis of Accounting Method under the International Public Sector Accounting Standards (IPSAS)\n(Leave this page blank)\nTable of Contents\u0013 TOC \\o \"1-2\" \\h \\z \\u \u0014\n\u0013 HYPERLINK \\l \"_Toc201159187\" \u00141.\tAcronyms and Definition of Key Terms\t\u0013 PAGEREF _Toc201159187 \\h \u0014ii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159188\" \u00142.\tKey Entity Information and Management\t\u0013 PAGEREF _Toc201159188 \\h \u0014iii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159189\" \u00143.\tBoard of Trustees/ Fund Administration Committee\t\u0013 PAGEREF _Toc201159189 \\h \u0014vi\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159190\" \u00144.\tManagement Team\t\u0013 PAGEREF _Toc201159190 \\h \u0014vii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159191\" \u00146.\tReport of The Fund Administrator\t\u0013 PAGEREF _Toc201159191 \\h \u0014ix\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159192\" \u00147.\tStatement of Performance Against the County Fund’s Predetermined Objectives\t\u0013 PAGEREF _Toc201159192 \\h \u0014x\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159193\" \u00148.\tCorporate Governance Statement\t\u0013 PAGEREF _Toc201159193 \\h \u0014xi\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159194\" \u00149.\tManagement Discussion and Analysis\t\u0013 PAGEREF _Toc201159194 \\h \u0014xii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159195\" \u001410.\tEnvironmental and Sustainability Reporting\t\u0013 PAGEREF _Toc201159195 \\h \u0014xiii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159196\" \u001411.\tReport of The Trustees\t\u0013 PAGEREF _Toc201159196 \\h \u0014xvi\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159197\" \u001412.\tStatement of Management’s Responsibilities\t\u0013 PAGEREF _Toc201159197 \\h \u0014xvii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159198\" \u001413.\tReport of The Independent Auditor on the Financial Statements for (xxx) Fund/ Board/ Scheme\t\u0013 PAGEREF _Toc201159198 \\h \u0014xviii\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159199\" \u001414.\tStatement of Financial Performance for the Year Ended 30th June 20xx\t\u0013 PAGEREF _Toc201159199 \\h \u00141\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159200\" \u001415.\tStatement of Financial Position As at 30 June 20xx\t\u0013 PAGEREF _Toc201159200 \\h \u00142\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159201\" \u001416.\tStatement of Changes in Net Assets for the year ended 30th June 20xx\t\u0013 PAGEREF _Toc201159201 \\h \u00144\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159202\" \u001417.\tStatement of Cash Flows for The Year Ended 30 June 20xx\t\u0013 PAGEREF _Toc201159202 \\h \u00145\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159203\" \u001418.\tStatement Of Comparison Of Budget And Actual Amounts For The Period 20xx\t\u0013 PAGEREF _Toc201159203 \\h \u00146\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159204\" \u001419.\tNotes to the Financial Statements\t\u0013 PAGEREF _Toc201159204 \\h \u00148\u0015\u0015\n\u0013 HYPERLINK \\l \"_Toc201159205\" \u001420.\tAnnexes\t\u0013 PAGEREF _Toc201159205 \\h \u001440\u0015\u0015\n\u0015 Acronyms and Definition of Key Terms\nAcronyms\nBOM\t\t\tBoard of Management\nICPAK\t\t\tInstitute of Certified Public Accountants of Kenya\nIPSAS\t\t\tInternational Public Sector Accounting Standards\nPFM \t\t\tPublic Finance Management\nPSASB\t\t\tPublic Sector Accounting Standards Board\nKshs            \t\tKenya Shillings\nDefinition of Key Terms\nFiduciary Management- Members of Management directly entrusted with the responsibility of financial resources of the organization.\nComparative Year- Means the prior period.\n(This list is an indication of the common acronyms and abbreviations; The Entity should customize the acronyms  and abbreviations to capture all that has been used in the preparation\nKey Entity Information and Management\nBackground information\nXXX Fund is established by and derives its authority and accountability from XXX Act (state the Act establishing the County Public Fund) on XXXX (insert date). The Fund is wholly owned by the County Government of XXX and is domiciled in Kenya.\nThe fund’s objective is to ….\nThe Fund’s principal activity is ….\n(Include any other information relevant to the users of financial information on the background of the Public Fund)\nPrincipal Activities\nThe principal activity/mission/ mandate of the Fund is to …\n(Under this section you may include the fund’s vision, mission and core objectives)\nBoard of Trustees/Fund Administration Committee\n(This section will be applicable for Public Funds th","cbCailK9ySaoh3L6","https://ap.wps.com/l/cbCailK9ySaoh3L6","docx",279359,63,"English","# Acronyms and Definition of Key Terms\n# Key Entity Information and Management\n# Board of Trustees/ Fund Administration Committee\n# Management Team\n# Report of The Fund Administrator\n# Statement of Performance Against the County Fund’s Predetermined Objectives\n# Corporate Governance Statement\n# Management Discussion and Analysis\n# Environmental and Sustainability Reporting\n# Report of The Trustees\n# Statement of Management’s Responsibilities\n# Report of The Independent Auditor on the Financial Statements","[{\"question\":\"Which accounting basis and standards does the template require?\",\"answer\":\"The template is prepared under the accrual basis of accounting method under the International Public Sector Accounting Standards (IPSAS).\"},{\"question\":\"What is included under “Acronyms” and “Definition of Key Terms”?\",\"answer\":\"It lists common acronyms used in the preparation of the statements and provides definitions for key concepts such as fiduciary management and comparative year.\"},{\"question\":\"What information should be provided in “Key Entity Information and Management”?\",\"answer\":\"It requires background information about the fund’s authority, ownership, domicile, objectives, principal activities, and other relevant context for users of financial information.\"}]","Acronyms and Definition of Key Terms | DOCX",1788322580,22]