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…Revenues, Expenses and Changes in Net Position, and the Statement of Cash Flows. The notes to the
financial statements present additional information to support the financial statements. Their purpose is
to clarify and expand on the information in the financial statements. The University implemented GASB
Statement No. 34, Basic Financial Statements ‐ and…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_17.pdf