By Sandeep Kanihama | 11:18 GMT. 1  AUD/USD bid above 0.7748/41 â CommerzbankBy Pablo Piovano | 10:12 GMT. 2  Australia: Strong CAPEX report for both Q2 and 2017-18 - ANZBy Sandeep Kanihama | 08:58 GMT. 3  AUD/USD surrenders positive data-led early gains, back around 0.79 markBy Haresh Menghani | 08:26 GMT.
Defense Finance and Accounting Services (DFAS) Overview: An agency of the U.S Department of Defense, the Defense Finance and Accounting Service (DFAS) is responsible for administering finance and accounting services for the military and other members of Defense.
1. In governmental accounting the resources of the government are accounted for in funds. Funds are defined as an independent accounting entity with a self-balancing set of accounts. In other words, within each fund, the basic accounting equation (Assets = Liabilities + Equity) still applies.. The equity accounts in governmental accounting are referred to as fund balance. The fund balance accounts are more of a balancing item as contrasted to rights of owners in a business enterprise.