Notes to disclosures in GASB are found in GASB Codification 2300 and GASB Statements No. 34, 38, 40, 67 and 68. Disclosures in Statement no 34 are description of government wide financial statement, policy of capitalizing assets and estimating useful life, segment information and policy for recognizing infrastructure. In others major disclosures are summary of accounting policies, description of reporting entity, disclosures on cash and investments, information relating to fixed assets, long term debts, pensions, commitments and contingencies, information on amounts exceeding budgets, disclosures of individual funds and risk related to deposits and investments.
