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Fund accounting
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Diagram demonstrating the difference between general and fund accounting
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Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law.[1][2] It emphasizes accountability rather than profitability, and is used by Nonprofit organizations and by governments. In this method, a fund consists of a self-balancing set of accounts and each are reported as either unrestricted, temporarily restricted or permanently restricted based on the provider-imposed restrictions.[1]
The label, fund accounting, has also been applied to investment accounting, portfolio accounting or securities accounting – all synonyms describing the process of accounting for a portfolio of investments such as securities, commodities and/or real estate held in an investment fund such as a mutual fund or hedge fund.[3][4] Investment accounting, however, is a different system, unrelated to government and nonprofit fund accounting.
Contents
[hide]
1 Overview
2 Nonprofit organizations
2.1 Accounting basis and financial reporting
3 United Kingdom governmental system
3.1 Accounting basis and financial reporting
4 United States governmental system
4.1 State and local government funds
4.1.1 Fixed assets and long-term debts
4.1.2 Accounting basis
4.1.3 Financial reporting
4.2 Federal government funds
4.2.1 Federal funds group
4.2.2 Trust funds group
4.2.3 Accounting basis and financial reporting
5 Fund accounting fiscal cycle (fictitious example)
5.1 Opening entries
5.2 Recording revenues
5.3 Payroll expenditures
5.4 Other expenditures
5.5 Closing entries
6 See also
7 References
8 External links
Overview[edit]
Nonprofit organizations and government agencies have special requirements to show, in financial statements and reports, how money is spent, rather than how much profit was earned. Unlike profit oriented businesses, which use a single set of self-balancing accounts (or general ledger), nonprofits can have more than one general ledger (or fund), depending on their financial reporting requirements.[5] An accountant for such an entity must be able to produce reports detailing the expenditures and revenues for each of the organization's individual funds, and reports that summarize the organization's financial activities across all of its funds.[6][7]
Fund accounting distinguishes between two primary classes of fund.[1][8] Those funds that have an unrestricted use, that can be spent for any purposes by the organization and those that have a restricted use. The reason for the restriction can be for a number of different reasons. Examples include legal requirements, where the moneys can only be lawfully used for a specific purpose, or a restriction imposed by the donor or provider. These donor/provider restrictions are usually communicated in writing and may be found in the terms of an agreement, government grant, will or gift.[8]
When using the fund accounting method an organization is able to therefore separate the financial resources between those immediately available for ongoing operations and those intended for a donor specified reason. This also provides an audit trail that all moneys have been spent for their intended purpose and thereby released from the restriction.[1]
An example may be a local school system in the United States. It receives a grant from the its local state government to support a new special education initiative, another grant from the federal government for a school lunch program, and an annuity to award teachers working on research projects. At periodic intervals, the school system needs to generate a report to the state about the special education program, a report to a federal agency about the school lunch program, and a report to another authority about the research program. Each of these programs has its own unique reporting requirements, so the school system needs a method to separately identify the related revenues and expenditures. This is done by establishing separate funds, each with its own chart of accounts.
Nonprofit organizations[edit]
Nonprofit organization's finances are broken into two primary categories, unrestricted and restricted funds. [8] The number of funds in each category can change over time and are determined by the restrictions and reporting requirements by donors, board, or fund providers.[9]
Unrestricted funds are, as their name suggests, unrestricted and therefore organizations don't necessarily need more than a single General Fund, however many larger organizations use several to help them account for the unrestricted resources. Unrestricted funds may included:
General fund - this is the minimum fund needed for unrestricted resources and relates to current as well as non-current assets and related liabilities which can be used at the discretion of the organisation's governing board.
Designated fund - assets which has been assigned to a specific purpose by the organisation's governing board but are still unrestricted as the board can cancel the desired use.[10]
Trading funds - many large non-profit organisations now have shops and other outlets where they raise funds from selling goods and services. The profits from these are then used for the purpose of the organisations.[10]
Plant (Land, building and equipment) fund Some organizations hold their non-current assets and related liabilities in a separate fund from the current assets.[1]
Current fund – unrestricted if the organization holds his non-current assets in a Plant Fund then this is used to account for current assets that can be used at the discretion of the organization's governing board.[1][11]
Restricted funds may included:
Endowment funds - permanent - are used to account for the principal amount of gifts or grants the organization is required, by agreement with the donor, to maintain intact in perpetuity or until a specific future date/event or has been used for the purpose for which it was given.
Endowment funds - temporary - are similar to permanent endowment funds except that at a future time or after a specified future event the endowment become available for unrestricted or purpose-restricted use by the organization[1]
Annuity and Life-Income Funds are resources provided by donors where the organization has a beneficial interest but is not the sole beneficiary. These may include charitable gift annuities or life income funds.[1]
Agency or Custodian funds are held to account for resources before they are disbursed according to the donor's instructions. The organisation has little or no discretion over the use of these resources and always equal liabilities in agency accounts.[1]
Current funds – restricted use current assets subject to restrictions assigned by donors or grantors.[1][11]
Accounting basis and financial reporting[edit]
Like Profit making organizations, nonprofits and governments will produce Consolidated Financial Statements. These are generated in line with the reporting requirements in the country they are based or if they are large enough they may produce them under International Financial Reporting Standards (IFRS), an example of this is the UK based charity Oxfam.[10] If the organization is small it may use a cash basis accounting but larger ones generally use accrual basis accounting for their funds.[12]
Nonprofit organizations in the United States have prepared their financial statements using Financial Accounting Standards Board (FASB) guidance since 1993.[13] The financial reporting standards are primarily contained in FAS117 and FIN43.[14] FASB issued a major update in 2016 that changed reporting net assets from three primary categories to two categories, restricted and unrestricted funds and how these are represented on financial statements.[15]
Nonprofit and governments use the same 4 standard financial statements as profit making organization, these include:
Statement of financial activities or statement of support, revenue and expenses. This statement resembles the income statement of a business, but may use terms like excess or deficit rather than profit or loss. It shows the net results, by each fund, of the organization's activities during the fiscal year reported. The excess or deficit is shown as a change in fund balances,[16] simpler to an increase or decrease in owner's equity.
Statement of financial position or balance sheet. Similar to the balance sheet of a business, this statement lists the value of assets held and debts owed by the organization at the end of the reporting period.[17]
Statement of changes in equity just like for profit making organizations this shows the change in the organization equity over the year. Under IFRS the nonprofit organization can choose if it want to produce this statement or not, some do[18] and some don't[10]
Statement of Cash Flows identifies the sources of cash flowing into the organization and the uses of cash flowing out during the reported fiscal year.[19]
In the United States there may also a separate Statement of functional expenses distributes each expense of the organization into amounts related to the organization's various functions. These functions are segregated into two broad categories: program services and supporting services. Program services are the mission-related activities performed by the organization. Non-program supporting services include the costs of fund-raising events, management and general administration.[20] This is a required section of the Form 990 that is an annual informational return required by the Internal Revenue Service for nonprofit organizations.[21]
United Kingdom governmental system[edit]
The United Kingdom government has the following funds:
Consolidated Fund is the fund where all date-to-day revenues and expenses of the government are accounted. Each of the devolved government also have a consolidated fund.[22]
Trading fund is a government organisation which has been established as such by means of a trading fund order.[23]
The National Loans Fund is the government's main borrowing and lending account. it is closely linked to the consolidated fund, which is balanced daily by means of a transfer to, or from, the national loans fund.
The Exchange Equalisation Account is the government fund holding the UK's reserves of foreign currencies, gold, and special drawing rights. It can be used to manage the value of the pound sterling on international markets.
National Insurance Funds are accounts which holds the contributions of the National Insurance Scheme.
The Contingencies Fund is an account which may be used for urgent expenditure in anticipation that the money will be approved by Parliament, or for small payments that were not included in the year's budget estimates.[24]
Accounting basis and financial reporting[edit]
The United Kingdom government produces the financial statements called the Whole of Government Accounts. They are produced using the annual basis and generated under the International Financial Reporting Standards like any other large organisation.[18]
United States governmental system[edit]
State and local government funds[edit]
State and local governments use three broad categories of funds: governmental funds, proprietary funds and fiduciary funds.[2][7]
Governmental funds include the following.[25][26]
General fund. This fund is used to account for general operations and activities not requiring the use of other funds.
Special revenue (or special) funds are required to account for the use of revenue earmarked by law for a particular purpose. An example would be a special revenue fund to record state and federal fuel tax revenues, since by federal and state law the tax revenue can only be spent on transportation uses.
Capital projects funds are used to account for the construction or acquisition of fixed assets,[27] such as buildings, equipment and roads. Depending on its use, a fixed asset may instead be financed by a special revenue fund or a proprietary fund. A capital project fund exists only until completion of the project.[28] Fixed assets acquired and long-term debts incurred by a capital project are assigned to the government's General Fixed Assets and Long-Term Debts.
Debt service funds are used to account for money that will be used to pay the interest and principal of long-term debts. Bonds used by a government to finance major construction projects, to be paid by tax levies over a period of years, require a debt service fund (sometimes titled as "interest and sinking fund") to account for their repayment. The debts of permanent and proprietary funds are serviced within those funds, rather than by a separate debt service fund.[29]
Permanent funds should be used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the reporting government’s programs—that is, for the benefit of the government or its citizenry.[30]
Proprietary funds include the following.[25]
Internal service funds are used for operations serving other funds or departments within a government on a cost-reimbursement basis. A printing shop, which takes orders for booklets and forms from other offices and is reimbursed for the cost of each order, would be a suitable application for an internal service fund.[31]
Enterprise funds are used for services provided to the public on a user charge basis, similar to the operation of a commercial enterprise.[32] Water and sewage utilities are common examples of government enterprises.[33]
Fiduciary funds are used to account for assets held in trust by the government for the benefit of individuals or other entities.[34] The employee pension fund, created by the State of Maryland to provide retirement benefits for its employees, is an example of a fiduciary fund.[32] Financial statements may further distinguish fiduciary funds as either trust or agency funds; a trust fund generally exists for a longer period of time than an agency fund.[35]
Fixed assets and long-term debts[edit]
State and local governments have two other groups of self-balancing accounts which are not considered funds: general fixed assets and general long-term debts. These assets and liabilities belong to the government entity as a whole, rather than any specific fund.[36] Although general fixed assets would be part of government-wide financial statements (reporting the entity as a whole), they are not reported in governmental fund statements.[37] Fixed assets and long-term liabilities assigned to a specific enterprise fund are referred to as fund fixed assets and fund long-term liabilities.[38]
Accounting basis[edit]
The accrual basis of accounting used by most businesses requires revenue to be recognized when it is earned and expenses to be recognized when the related benefit is received. Revenues may actually be received during a later period, while expenses may be paid during an earlier or later period. (Cash basis accounting, used by some small businesses, recognizes revenue when received and expenses when paid.)
Governmental funds, which are not concerned about profitability, usually rely on a modified accrual basis. This involves recognizing revenue when it becomes both available and measurable, rather than when it is earned. Expenditures, a term preferred over expenses for modified accrual accounting, are recognized when the related liability is incurred.[39][40]
Proprietary funds, used for business-like activities, usually operate on an accrual basis.[41] Governmental accountants sometimes refer to the accrual basis as "full accrual" to distinguish it from modified accrual basis accounting.[42]
The accounting basis applied to fiduciary funds depends upon the needs of a specific fund. If the trust involves a business-like operation, accrual basis accounting would be appropriate to show the fund's profitability. Accrual basis is also appropriate for trust funds using interest and dividends from invested principle amounts to pay for supported programs, because the profitability of those investments would be important.[43]
Financial reporting[edit]
State and local governments report the results of their annual operations in a comprehensive annual financial report (CAFR), the equivalent of a business's financial statements. A CAFR includes a single set of government-wide statements, for the government entity as a whole, and individual fund statements. The Governmental Accounting Standards Board establishes standards for CAFR preparation.[7]
Governments do not use the terms profit and loss to describe the net results of their operations. The difference between revenues and expenditures during a year is either a surplus or a deficit. Since making a profit is not the purpose of a government, a significant surplus generally means a choice between tax cuts or spending increases. A significant deficit will result in spending cuts or borrowing. Ideally, surpluses and deficits should be small.[7][44][45]
Federal government funds[edit]
Federal government accounting uses two broad groups of funds: the federal funds group and the trust funds group.[46]
Federal funds group[edit]
General fund. Technically, there is just one general fund, under the control of the United States Treasury Department. However, each federal agency maintains its own self-balancing set of accounts. The general fund is used to account for receipts and payments that do not belong to another fund.[47]
Special funds are similar to the special revenue funds used by state and local governments, earmarked for a specific purpose (other than business-like activities).[48]
Revolving funds are similar to the Proprietary funds used by state and local governments for business-like activities. The term, revolving, means that it conducts a continuing cycle of activity. There are two types of revolving funds in the Federal Funds Group: public enterprise funds and intragovernmental revolving funds.[49]
Public enterprise funds are similar to the enterprise funds used by state and local governments for business-like activities conducted primarily with the public.[48] The Postal Service Fund is an example of a public enterprise fund.[50]
Intragovernmental revolving funds are similar to the internal service funds used by state and local governments for business-like activities conducted within the federal government.[48]
Trust funds group[edit]
Trust funds are earmarked for specific programs and purposes in accordance with a statute that designates the fund as a trust. Its statutory designation distinguishes the fund as a trust rather than a special fund. The Highway Trust Fund is an example of trust funds.[51]
Trust Revolving Funds are business-like activities, designated by statute as trust funds. They are, otherwise, identical to public enterprise revolving funds.[51]
Deposit funds are similar to the agency funds used by state and local governments for assets belonging to individuals and other entities, held temporarily by the government. State income taxes withheld from a federal government employee's pay, not yet paid to the state, are an example of deposit funds.[52]
Accounting basis and financial reporting[edit]
The United States government uses accrual basis accounting for all of its funds. Its consolidated annual financial report uses two indicators to measure financial health: unified budget deficit and net operating (cost)/revenue.[53]
The unified budget deficit, a cash-basis measurement, is the equivalent of a checkbook balance. This indicator does not consider long-term consequences, but has historically been the focus of budget reporting by the media. Except for the unified budget deficit, the federal government's financial statements rely on accrual basis accounting.[53]
Net operating (cost)/revenue, an accrual basis measurement, is calculated in the "Statements of Operations and Changes in Net Position" by comparing revenues with costs.[54] The federal government's net operating (cost)/revenue is comparable with the net income/(loss) reported on an income statement by a business, or the surplus/(deficit) reported by state and local governments.
Fund accounting fiscal cycle (fictitious example)[edit]
The following is a simplified example of the fiscal cycle for the general fund of the City of Tuscany, a fictitious city government.
Opening entries[edit]
The fiscal cycle begins with the approval of a budget[55] by the mayor and city council of the City of Tuscany. For Fiscal Year 2009, which began on July 1, 2008, the Mayor's Office estimated general fund revenues of $35 million from property taxes, state grants, parking fines and other sources. The estimate was recorded in the fund's general ledger with a debit to Estimated Revenues and a credit to Fund Balance.[56]
Ledger Account
Debit
Credit
1
Estimated revenues $35,000,000
Fund balance
$35,000,000
An appropriation was approved by the city council, authorizing the city to spend $34 million from the general fund. The appropriation was recorded in fund's general ledger with a debit to Fund Balance and a credit to Appropriations.[56]
Ledger Account
Debit
Credit
2
Fund balance $34,000,000
Appropriations
$34,000,000
In subsidiary ledgers, the appropriation would be divided into smaller amounts authorized for various departments and programs,[57] such as:
Fire department $5,000,000
Police department $5,000,000
Schools $10,000,000
Public works $6,000,000
Transportation $4,000,000
Mayor's office $4,000,000
The complexity of an appropriation depends upon the city council's preferences; real-world appropriations can list hundreds of line item amounts. An appropriation is the legal authority for spending[58] given by the city council to the various agencies of the city government. In the example above, the city can spend as much as $34 million, but smaller appropriation limits have also been established for individual programs and departments.
Recording revenues[edit]
During Fiscal Year 2009, the city assessed property owners a total of $37 million for property taxes. However, the Mayor's Office expects $1 million of this assessment to be difficult or impossible to collect. Revenues of $36 million were recognized, because this portion of the assessment was available and measurable[39][40] within the current period.
Ledger Account
Debit
Credit
3
Taxes receivable $37,000,000
Estimated uncollectible taxes
$1,000,000
Revenues
$36,000,000
Payroll expenditures[edit]
The city spent a total of $30 million on its employee payroll, including various taxes, benefits and employee withholding. A portion of the payroll taxes will be paid in the next fiscal period, but modified accrual accounting requires the expenditure to be recorded during the period the liability was incurred.[39][40]
Ledger Account
Debit
Credit
4
Expenditures $30,000,000
Wages payable
$20,000,000
Taxes payable
$5,000,000
Benefits payable
$5,000,000
Other expenditures[edit]
The Public Works Department spent $1 million on supplies and services for maintaining city streets.[59]
Ledger Account
Debit
Credit
5
Expenditures $1,000,000
Vouchers payable
$1,000,000
Closing entries[edit]
At the end of the fiscal year, the actual revenues of $36 million were compared with the estimate of $35 million. The $1 million difference was recorded as a credit to the fund balance.[60]
Ledger Account
Debit
Credit
6
Revenues $36,000,000
Estimated revenues
$35,000,000
Fund balance
$1,000,000
The city spent $31 million of its $34 million appropriation. A credit of $3 million was applied to the fund balance for the unspent amount.[60]
Ledger Account
Debit
Credit
7
Appropriations $34,000,000
Expenditures
$31,000,000
Fund balance
$3,000,000
When the current fiscal period ended, its appropriation expired. The balance remaining in the general fund at that time is considered unexpended. City government agencies are not allowed to spend the unexpended balance, even if their expenditures during the now-ended fiscal period were less than their share of the expired appropriation. A new appropriation is necessary to authorize spending in the next fiscal period. (Liabilities incurred at the end of the fiscal period for goods and services ordered, but not yet received, are usually considered expended, allowing payment at a later date under the current appropriation. Some jurisdictions, however, require the amounts to be included in the following period's budget.)[61]
Instead of re-applying the unspent balance from the general fund to the same programs, the city council may choose to spend the money on other programs. Alternatively, they may use the balance to cut taxes or pay off a long-term debt. With a large surplus, reducing the tax burden will normally be the preferred choice.[7]
See also[edit]
International Financial Reporting Standards
United States Federal Accounting Standards Advisory Board
United States Governmental Accounting Standards Board
Permanent fund
References[edit]
^ Jump up to: a b c d e f g h i j Blackbaud (October 2011). "Financial Management of Not-for-Profit Organizations" (PDF). Retrieved 2016-10-29.
^ Jump up to: a b Leon E. Hay (1980). Accounting for Governmental and Nonprofit Entities, Sixth edition, page 5. Richard D. Irwin, Inc., Homewood, IL. ISBN 0-256-02329-8
Jump up ^ IFRS for Investment Funds Deloitte Development LLC (2008). See "Challenges and Opportunities for Investment Funds" on p. 3. Retrieved 2010-05-17
Jump up ^ Hedge Funds Accounting. Green Trader Funds. Retrieved 2010-05-17
Jump up ^ "Profit versus Non-Profit Organizations" (PDF). UCSB Campus Information and Procedure Manual: Fund Accounting. University of California, Santa Barbara. 2004. p. IX. Archived from the original (PDF) on 2010-12-14. Retrieved 2011-03-28.
Jump up ^ Hay, p. 4-5, 9.
^ Jump up to: a b c d e Jonas Elmerraji (June 1, 2007). "Investopedia: Cracking the Nonprofit Accounting Code". Forbes.com. Retrieved 2010-03-19.
^ Jump up to: a b c ACCA (October 2015). "Companion Guide for Not-for-profits to the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs)" (PDF). Retrieved 2016-10-29.
Jump up ^ "FASB's New Standard Aims to Improve Not-for-Profit Financial Reporting". AICPA.org. AICPA. Retrieved 9 March 2018.
^ Jump up to: a b c d "Oxfam Annual Report and Account 2014/15". oxfam.org.uk. 31 March 2015. Retrieved 2016-10-29.
^ Jump up to: a b Hay, p. 609-610
Jump up ^ Hay, p. 622
Jump up ^ Tysiac, Ken (August 18, 2016). "FASB modifies not-for-profit accounting rules". Journal of Accountancy. Retrieved 9 March 2018.
Jump up ^ "What is Fund Accounting". Aplos.com. Aplos. Retrieved 9 March 2018.
Jump up ^ McCaimbridge, Ruth (September 13, 2016). "What the New FASB Accounting Standards Will Mean for Your Nonprofit". Nonprofit Quarterly. Retrieved 9 March 2018.
Jump up ^ Hay, p. 622, 642
Jump up ^ Hay, p. 648-649
^ Jump up to: a b "Whole of Government Accounts 2013-14". HM Treasury. Retrieved 15 May 2016.
Jump up ^ Consolidated Financial Statements, p. 5 The American National Red Cross, June 30, 2010. Retrieved 2011-03-21.
Jump up ^ Hay, p. 622-625
Jump up ^ "Return of Organization Exempt From Income Tax" (PDF). IRS.gov. Internal Revenue Service. Retrieved 9 March 2018.
Jump up ^ Part 5 of the Government of Wales Act: Finance, National Assembly for Wales Members' Research Service, September 2006
Jump up ^ "Government Trading Funds Act 1973". legislation.gov.uk. UK Government. Retrieved 2016-10-29.
Jump up ^ "Contingencies Fund Act 1974". The UK Statute Law Database. Office of Public Sector Information. Retrieved 11 May 2010.
^ Jump up to: a b Hay, p. 6
Jump up ^ "Touring the Financial Statements, Part III: The Governmental Funds" Government Accounting Standards Board (November 2007). Retrieved 2010-03-17.
Jump up ^ Fixed assets are sometimes referred to as capital assets, a broader term than fixed assets.
Jump up ^ Earl Wilson, Jacqueline Reck, Susan Kattelas (2006). Accounting for Governmental & Nonprofit Entities, 14th edition. p. 163. McGraw-Hill. ISBN 0-07-310095-1.
Jump up ^ Hay, p. 164-165
Jump up ^ Governmental Accounting Standards Board Statement 34, para. 65
Jump up ^ Hay, p. 232
^ Jump up to: a b State of Maryland Comprehensive Annual Financial Report, FY 2009 See "Fund Financial Statements," p. 12-13
Jump up ^ Hay, p. 247
Jump up ^ Hay, p. 286
Jump up ^ Hay, p. 291
Jump up ^ Hay, p. 7
Jump up ^ State of Maryland Comprehensive Annual Financial Report, FY 2009 See "Government-wide Financial Statements," p. 11.
Jump up ^ Hay, p. 10
^ Jump up to: a b c Hay, p. 8
^ Jump up to: a b c State of Maryland Comprehensive Annual Financial Report, FY 2009 See "Basis of Accounting," p. 48.
Jump up ^ Hay, p. 225-226
Jump up ^ Accounts & Reports. Kansas Department of Administration (October 28, 1998). See "Proprietary Funds." Retrieved 2010-03-19
Jump up ^ Hay, p. 292
Jump up ^ "Why governmental accounting and financial reporting is—and should be—different". Government Accounting Standards Board, official news release. March 16, 2006. Retrieved 2011-03-21.
Jump up ^ Gerald R. Klatt. "What is the Comprehensive Annual Financial Report (CAFR)?". Property Rights Research. Retrieved 2011-03-21.
Jump up ^ OMB Circular A-11, Section 20 – "Terms and Concepts" See "Overview of fund types," p. 36. Office of Management of the Budget (2009).
Jump up ^ Hay, p. 476-477
^ Jump up to: a b c OMB Circular A-11, Section 20 – "Terms and Concepts" See "Characteristics of Fund Types," p. 37-38. Office of Management of the Budget (2009).
Jump up ^ OMB Circular A-11, Section 20 – "Terms and Concepts" See "Revolving Fund," p. 8. Office of Management of the Budget (2009).
Jump up ^ OMB Circular A-11, Section 20 – "Terms and Concepts" See "Federal Funds," p. 39. Office of Management of the Budget (2009).
^ Jump up to: a b OMB Circular A-11, Section 20 – "Terms and Concepts" See "Trust funds," p. 39-40. Office of Management of the Budget (2009).
Jump up ^ OMB Circular A-11, Section 20 – "Terms and Concepts" See "Deposit funds," p. 40. Office of Management of the Budget (2009).
^ Jump up to: a b "Understanding Similarities and Differences Between Accual and Cash Deficits" U.S. Government Accountability Office (December 1, 2006). Retrieved 2010-03-26
Jump up ^ Financial Statements of the United States Government for the Years Ended September 30, 2009 and 2008 U.S. Government Accountability Office. See "Statements of Net Cost," p. 39. Retrieved 2010-03-26
Jump up ^ In most jurisdictions, the budget is a legal document authorizing the government to incur debts, collect taxes and spend money. Hay, p. 20.
^ Jump up to: a b In the opening entries for a fiscal year, estimated revenues are recorded with a credit to the fund balance, while appropriations are recorded as a debit. Hay, p. 44.
Jump up ^ Subsidiary ledger details are used to provide an appropriate level of budgetary control over government spending. Hay p. 43.
Jump up ^ Hay, p. 687
Jump up ^ When goods or services are received, the amount to be paid is debited to the expenditure account and credited to a liability (payable) account. Hay, p. 63. Transactions involving purchase orders involve encumbrance accounting, requiring a more complex transaction than the simplified example shown here.
^ Jump up to: a b Closing entries for a government's funds are similar to those of a for-profit business. The totals recorded in revenues and appropriations are reversed with debits while expenditures and estimated revenues are reversed with credits. The difference is applied to fund balance as a credit (surplus) or debit (deficit). Hay, p. 76-77.
Jump up ^ Hay, p. 20-21.
External links[edit]
John R. Throop (July 1, 2006). "Fund Accounting—Making sense of church finances". Christianity Today. Retrieved 2010-03-15.
State of Maryland Comprehensive Annual Financial Report, FY 2013 Example of financial statements prepared by a state government.
Tim Riley (April 28, 2014). The Accountancy Model See chapters 15–19 (p. 191–222) for a quick reference to journal entries and math useful for state and local government fund accounting. The "Funds Characteristics Tree" on p. 191 illustrates relationships between funds.
Statement of Federal Financial Accounting Concepts 5 Federal Accounting Standards Advisory Board (December 26, 2007). Definitions of elements and basic recognition criteria for accrual-basis financial statements for federal agencies.
For an example of nonprofit financial reporting, see the Consolidated Financial Statements of the American National Red Cross for the fiscal year ended June 30, 2010.
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Keylor Navas
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Keylor Navas
Navas celebrating after the 2018 UEFA Champions League Final with Real Madrid
Personal information
Full name
Keylor Antonio Navas Gamboa
Date of birth
(1986-12-15) 15 December 1986 (age 31)
Place of birth
Pérez Zeledón, Costa Rica
Height
1.85 m (6 ft 1 in)[1]
Playing position
Goalkeeper
Club information
Current team
Real Madrid
Number
1
Youth career
1999–2005
Saprissa
Senior career*
Years
Team Apps (Gls)
2005–2010
Saprissa 60 (0)
2010–2012
Albacete 36 (0)
2011–2012
→ Levante (loan) 1 (0)
2012–2014
Levante 46 (0)
2014–
Real Madrid 94 (0)
National team‡
2003
Costa Rica U17 3 (0)
2008–
Costa Rica 83 (0)
* Senior club appearances and goals counted for the domestic league only and correct as of 20:33, 12 May 2018 (UTC)
‡ National team caps and goals correct as of 27 June 2018
This name uses Spanish naming customs: the first or paternal family name is Navas and the second or maternal family name is Gamboa.
Keylor Antonio Navas Gamboa (Spanish pronunciation: [keiˈloɾ anˈtonjo ˈnaβaz ɣamˈbo.a];[a] born 15 December 1986) is a Costa Rican professional footballer who plays as a goalkeeper for Spanish club Real Madrid and the Costa Rica national team.
After starting out at Saprissa he moved to Albacete, and then to Levante in La Liga. Navas joined Real Madrid in 2014 for €10 million.
Navas has played over 70 times for Costa Rica since making his debut in 2008. He has represented the country at two CONCACAF Gold Cups and the 2014 World Cup; and 2018 World Cup; his impressive performances helped the team reach the quarter-finals of the 2014 tournament.[2]
Contents
[hide]
1 Club career
1.1 Saprissa
1.2 Albacete
1.3 Levante
1.4 Real Madrid
1.4.1 2014–2015
1.4.2 2015–2016
1.4.3 2016–2017
1.4.4 2017–2018
2 International career
2.1 2014 World Cup
2.2 2018 World Cup
3 Career statistics
3.1 Club
3.2 International
4 Honours
5 Personal life
6 Notes
7 References
8 External links
Club career
Saprissa
Born in San Isidro de El General, Navas made his professional debut with Deportivo Saprissa on 6 November 2005, in a league match against Asociación Deportiva Carmelita.[3] He was the first-choice keeper in his two final seasons with the club, winning six national championships and the CONCACAF Champions' Cup in 2005.[4]
Albacete
In July 2010, Navas signed with Albacete Balompié of the Segunda División in Spain exactly 20 years after countryman Luis Conejo, who occupied the same position.[5] He played in 36 games out of 42 during his first season, but his team suffered relegation after finishing in last position.
Levante
Navas playing for Levante in 2013
In the 2011–12 campaign, Navas reached La Liga, being loaned to Levante UD for a year.[6] He made his debut in the competition on 13 May 2012 in the last round, playing in a 3–0 home win against Athletic Bilbao that confirmed the club's first ever qualification for the UEFA Europa League,[7] and joined the Valencian club on a three-year contract in July of that year.[8] Despite initially being back-up to Gustavo Munúa,[9] Navas was the first-choice goalkeeper for Levante in the 2013–14 season, and was nominated as the league's best goalkeeper alongside Thibaut Courtois of Atlético Madrid and Willy Caballero of Málaga CF,[10] going on to win the prize.[11] In March 2014, he was La Liga Player of the Month, the first goalkeeper to win the accolade.[12] He finished the season as the goalkeeper with the most saves (267) in La Liga,[13] finishing fourth in the Zamora Trophy conceding 39 goals in 36 games despite playing for a 'lower ranked' team.[14]
Real Madrid
Navas giving directions to Real Madrid's defense.
2014–2015
On 3 August 2014, Real Madrid triggered Navas' €10 million buyout clause,[15] and he signed a six-year contract with the club.[16] His first competitive call-up was on 12 August, sitting on the bench as Iker Casillas played in the 2014 UEFA Super Cup, which Real Madrid won 2–0 against Sevilla at the Cardiff City Stadium.[17] Navas was given his debut for the club on 23 September, in a 5–1 victory over Elche at the Santiago Bernabéu.[18] On 20 December, he was on the bench as his team won the Club World Cup, defeating Club Atletico San Lorenzo in the final in Morocco.[19] His performances for Levante in the previous La Liga season and Costa Rica in the 2014 World Cup led him win Player of the Year at the 2014 CONCACAF Awards,[20] becoming the first Costa Rican and first goalkeeper to do so.
2015–2016
With the departure of Casillas from Real Madrid, Navas inherited his number 1 shirt for the 2015–16 La Liga season.[21] Madrid agreed to transfer Navas to Manchester United in part-exchange for David de Gea on 31 August 2015, but the deal collapsed because the documents were not submitted to FIFA before the Spanish transfer deadline.[22]
Madrid thrashed Real Betis in their home opener by a score of 5–0 with a fine performance from Navas making several saves as well as stopping a penalty.[23] He was a regular starter when the team won the 2015–16 UEFA Champions League. He set a new record for Real Madrid in the UEFA Champions League by not conceding a single goal in his first 8 appearances; 6 of these were in the 2015–16 season. He also usurped Edwin van der Sar to reach the second spot in clean sheets behind Jens Lehmann in the all-time list. He was the most consistent keeper in the 2015–16 season conceding only 3 goals in 11 appearances, keeping 9 clean sheets.[24]
2016–2017
He was the starting goalkeeper when Madrid won the 2016–17 La Liga[25][26] and the 2016–17 UEFA Champions League.[27] On 29 January 2017 after the 3-0 win at home to Real Sociedad in La Liga, Navas became the first player from Costa Rica to reach 100 La Liga appearances.[28] His performances during the double trophy winning season led him to win the Player of the Year for the second time at the 2017 CONCACAF Awards.[29]
2017–2018
Navas made his 100th appearance for Madrid during the 2-0 second leg home win over Barcelona.[30] During the 2017–18 UEFA Champions League, he started eleven games, when Madrid won their third consecutive and 13th overall Champions League title beating Liverpool 3-1 in the final.[31] The win against Liverpool saw Navas claim his 100th victory for Madrid in only 141 appearances.[32]
International career
Navas was part of the Costa Rican squad that played in the 2003 FIFA U-17 World Championship held in Finland. He was called up for the full national team for the first time in August 2006, to play a friendly tournament in Europe against Austria and Switzerland. Navas gained his first cap on 11 October 2008, a 4–1 away victory over Suriname in the third round of qualification for the 2010 FIFA World Cup, which qualified the team into the next stage.[33] Four days later at the Estadio Ricardo Saprissa, he kept his first international clean sheet in a 2–0 victory over Haiti.[34] The team eventually reached the intercontinental play-offs for the tournament, losing narrowly to Uruguay.[35]
Navas appeared with Los Ticos in two CONCACAF Gold Cup competitions, being named the best goalkeeper in the 2009 edition as he helped his country reach the semi-finals.[36] He returned to help them to the quarter-finals two years later, but missed the 2013 tournament through injury, suffering the same fate again in 2015.[37]
2014 World Cup
Navas and Giancarlo González celebrating Costa Rica's victory over Uruguay at the 2014 FIFA World Cup
Navas made his debut in the FIFA World Cup on 14 June 2014, appearing in a 3–1 group stage win against Uruguay in Fortaleza,[38] and started the other two group games only conceding a single goal as Costa Rica qualified for the knockout stages as group winners[39] for the very first time.
On 29 June, in the round of 16 match against Greece, Navas was named man of the match after several outstanding[according to whom?] saves in normal time and a save from Theofanis Gekas' kick during the penalty shootout, which led to Costa Rica reaching the quarter-finals for the first time ever.[40] He ended the tournament with three clean sheets from five matches, as the country was knocked out by the Netherlands after a penalty shootout,[41] where he was named man of the match for the third time.[2] He was also one of three nominees for the Golden Glove Award, losing out to Manuel Neuer of Germany.[42]
2018 World Cup
In May 2018, Navas was named in the final squad for the 2018 FIFA World Cup.[43] He started all three group games making 10 saves and conceding 5 goals[44], unable to guide Costa Rica to a repeat of their exploits at the 2014 World Cup.
Career statistics
Club
As of 26 May 2018[45][46]
Club
Season
League
Cup1
Continental
Total
Division
Apps
Goals
Apps
Goals
Apps
Goals
Apps
Goals
Deportivo Saprissa 2008–09 Primera División 20 0 5 0 0 0 25 0
2009–10 Primera División 23 0 4 0 0 0 27 0
Total
43
0
9
0
0
0
52
0
Albacete 2010–11 Segunda División 36 0 0 0 0 0 36 0
Levante 2011–12 La Liga 1 0 5 0 0 0 6 0
2012–13 La Liga 9 0 4 0 12 0 25 0
2013–14 La Liga 37 0 2 0 0 0 39 0
Total
47
0
11
0
12
0
70
0
Real Madrid 2014–15 La Liga 6 0 3 0 2 0 11 0
2015–16 La Liga 34 0 0 0 11 0 45 0
2016–17 La Liga 27 0 2 0 12 0 41 0
2017–18 La Liga 27 0 6 0 11 0 44 0
Total
94
0
11
0
36
0
141
0
Career total
220
0
31
0
48
0
299
0
1 Includes Supercopa de España, UEFA Super Cup and FIFA Club World Cup matches.
International
As of 27 June 2018[47]
Navas playing for Costa Rica at the 2014 FIFA World Cup
Costa Rica
Year
Apps
Goals
2008 2 0
2009 13 0
2010 5 0
2011 11 0
2012 10 0
2013 8 0
2014 10 0
2015 4 0
2016 5 0
2017 7 0
2018 8 0
Total
83
0
Honours
Navas making a save for Real Madrid in 2015
Real Madrid
La Liga: 2016–17
Supercopa de España: 2017
UEFA Champions League: 2015–16[24], 2016–17[27], 2017–18[31]
UEFA Super Cup: 2014[17], 2017
FIFA Club World Cup: 2014,[19] 2016[48], 2017[49]
Individual
CONCACAF Gold Cup Best Goalkeeper: 2009[36]
CONCACAF Gold Cup All-Tournament Team: 2009[36]
La Liga Player of the Month: March 2014[12]
LFP Awards Best Goalkeeper: 2013–14[11]
CONCACAF Player of the Year: 2014, 2017
FIFPro World XI 4th team: 2015, 2016, 2017[50][51][52]
Trofeo EFE: 2016[53]
CONCACAF Goalkeeper of the Year: 2016, 2017[54]
Facebook FA La Liga Best Goalkeeper: 2016[55]
UEFA Champions League Squad of the Season: 2017–18[56]
Personal life
Navas is a Christian. He spoke about his faith saying, "God for me comes first. Before every game I kneel, I open my arms and pray ... My favourite passage of the Bible is Galatians 1:10 which says: "If I were still trying to please man, I would not be a servant of Christ."[57][58] On 3 December 2014, Navas announced that he had obtained Spanish citizenship.[59][60]
A documentary film, “Hombre de Fe” (Man of Faith), based on the life of Navas was released on 28 December 2017.[61]
Notes
Jump up ^ In isolation, Navas and Gamboa are pronounced [ˈnaβas] and [ɡamˈbo.a] respectively.
References
Jump up ^ "Keylor Navas". Real Madrid C.F. Real Madrid C.F. Retrieved 3 March 2015.
^ Jump up to: a b "World Cup: Costa Rica hero hails nation's efforts as Holland end journey". Sky Sports. 6 July 2014. Retrieved 6 July 2014.
Jump up ^ "Juego apenas para el gasto" [I play only to make ends meet] (in Spanish). La Nación. 7 November 2005. Archived from the original on 13 August 2007.
Jump up ^ "Monarca usó 24 jugadores" [Monarca used 24 players] (in Spanish). La Nación. 17 May 2010. Retrieved 28 February 2014.
Jump up ^ "Navas: "Vengo con mucho compromiso"" [Navas: "I come full of commitment"] (in Spanish). Albacete's official website. 9 July 2010. Retrieved 27 October 2013.
Jump up ^ "Keylor Navas, cedido al Levante" [Keylor Navas, loaned to Levante] (in Spanish). Fichajes. 2 July 2011. Retrieved 28 February 2014.
Jump up ^ "Ghezzal helps Levante secure European place". ESPN Soccernet. 13 May 2012. Retrieved 27 October 2013.
Jump up ^ "Keylor Navas ficha por el Levante" [Keylor Navas signs for Levante]. Marca (in Spanish). 7 July 2012. Retrieved 27 October 2013.
Jump up ^ "Keylor Navas ante su oportunidad en el Levante si Gustavo Munúa deja el equipo" [Keylor Navas before his chance at Levante if Gustavo Munúa leaves team] (in Spanish). Al Día. 3 April 2013. Retrieved 28 February 2014.
Jump up ^ Fernandez-Abascal, Eduardo (14 October 2014). "Chelsea Duo Thibaut Courtois And Filipe Luis Nominated For La Liga Awards". International Business Times. Retrieved 15 October 2014.
^ Jump up to: a b "gala de premios LFP 2013/14" [LFP Awards show 2013/14] (in Spanish). Liga de Fútbol Profesional. Archived from the original on 5 November 2014. Retrieved 10 November 2014.
^ Jump up to: a b "Premios BBVA a los mejores de marzo" [BBVA awards for the best in March] (in Spanish). Liga de Fútbol Profesional. 7 April 2014. Retrieved 8 November 2014.
Jump up ^ "2013-14 La Liga Statistics and Leaders: Overall". Fox Sports. 30 June 2014. Retrieved 7 July 2018.
Jump up ^ "Tropheo Pichichi Liga Adelante". MARCA. 30 June 2014. Retrieved 7 July 2018.
Jump up ^ Association, Press (3 August 2014). "Real Madrid confirm signing of Costa Rica's goalkeeper Keylor Navas". The Guardian. ISSN 0261-3077. Retrieved 14 September 2017.
Jump up ^ "Official statement: Keylor Navas". Realmadrid.com. 3 August 2014.
^ Jump up to: a b Phillips, Rob (12 August 2014). "Super Cup: Cristiano Ronaldo scores twice in Real Madrid win". BBC Sport. Retrieved 13 August 2014.
Jump up ^ Sámano, José (23 September 2014). "Insaciable Cristiano" [Insatiable Cristano]. El País (in Spanish). Retrieved 19 May 2015.
^ Jump up to: a b "Real Madrid beat San Lorenzo to take Club World Cup crown". ESPN FC. 20 December 2014. Retrieved 22 June 2015.
Jump up ^ "Keylor Navas es el mejor portero del 2014 en la Concacaf" [Keylor Navas is the best goalkeeper of 2014 of Concacaf] (in Spanish). El Comercio. 24 December 2014. Retrieved 7 July 2018.
Jump up ^ "Navas takes Casillas' No.1 jersey at Madrid". Goal.com. 19 July 2015. Retrieved 20 July 2015.
Jump up ^ "David De Gea: Real Madrid 'did everything' to sign Man Utd keeper". BBC Sport. BBC. 1 September 2015. Retrieved 1 September 2015.
Jump up ^ "5-0: Spectacular display of firepower in the Bernabéu's La Liga opener". realmadrid.com. 30 August 2015. Retrieved 7 July 2018.
^ Jump up to: a b "Spot-on Real Madrid defeat Atlético in final again". uefa.com. 28 May 2016.
Jump up ^ "El Real Madrid, campeón de LaLiga Santander 2016/17". laliga.es. 21 May 2017.
Jump up ^ "Real Madrid win La Liga title with victory at Malaga". bbc.com. 21 May 2017.
^ Jump up to: a b "Majestic Real Madrid win Champions League in Cardiff". uefa.com. 3 June 2017.
Jump up ^ "100 - Keylor Navas is the first player from Costa Rica to reach 100 appearances in La Liga history. Tico". OptaJose. 29 January 2017. Retrieved 13 July 2018.
Jump up ^ "Keylor Navas, Concacaf player of the year". Real Madrid. 18 December 2017. Retrieved 7 July 2018.
Jump up ^ "Keylor Navas, 100 games for Real Madrid". Real Madrid. 16 August 2017. Retrieved 14 July 2018.
^ Jump up to: a b "Madrid beat Liverpool to complete hat-trick". uefa.com. 26 May 2018.
Jump up ^ "Keylor Navas claims 100th win in a Real Madrid shirt". Real Madrid. 26 May 2018. Retrieved 13 July 2018.
Jump up ^ "Con el primer boleto" [With the first ticket] (in Spanish). ESPN. 11 October 2008. Retrieved 23 August 2015.
Jump up ^ "Sigue enrachado" [Carry on being lucky] (in Spanish). ESPN. 15 October 2008. Retrieved 23 August 2015.
Jump up ^ "Uruguay 1 Costa Rica 1, agg 2–1: match report". The Daily Telegraph. 19 November 2009. Retrieved 23 August 2015.
^ Jump up to: a b c "Best Goalkeeper" (Press release). CONCACAF. 26 July 2009. Archived from the original on 8 January 2011. Retrieved 27 July 2009.
Jump up ^ "Portero Navas se pierde Copa de Oro con Costa Rica por lesión" [Goalkeeper Navas misses Gold Cup with Costa Rica through injury] (in Spanish). Reuters. 17 June 2015. Retrieved 22 June 2015.
Jump up ^ "Costa Rican comeback undoes Uruguay". FIFA.com. 14 June 2014. Retrieved 16 June 2014.
Jump up ^ "Keylor Navas: A draw against England isn't bad at all". Inside Spanish Football. 24 June 2014. Archived from the original on 29 June 2014. Retrieved 29 June 2014.
Jump up ^ "Navas-inspired Ticos win shootout, reach quarters". FIFA.com. 29 June 2014. Retrieved 30 June 2014.
Jump up ^ "Netherlands 0–0 Costa Rica". BBC Sport. 5 June 2014. Retrieved 6 June 2014.
Jump up ^ Burrows, Ben (11 July 2014). "World Cup Golden Glove: Manuel Neuer, Sergio Romero and Keylor Navas nominated for award". Daily Mirror. Retrieved 22 June 2015.
Jump up ^ https://www.goal.com/en/amp/news/costa-rica-names-23-man-world-cup-squad-featuring-keylor/1bw2iz8pkma5614bzushqyyo7g
Jump up ^ "Keylor Navas". FOX Sports. Retrieved 11 July 2018.
Jump up ^ "Soccer Base profile". soccerbase.com. Retrieved 11 March 2015.
Jump up ^ "Soccerway profile". Soccerway. Retrieved 11 March 2015.
Jump up ^ "Navas, Keylor". National Football Teams. Benjamin Strack-Zimmerman.
Jump up ^ "Madrid see off spirited Kashima in electric extra time final". FIFA.com. 18 December 2016. Retrieved 18 December 2016.
Jump up ^ "Real Madrid retain world title". FIFA.com. 16 December 2017.
Jump up ^ "2015 World XI: the Reserve Teams – FIFPro World Players' Union". FIFPro.org. 11 January 2016. Retrieved 1 October 2017.
Jump up ^ "2016 World 11: the reserve teams – FIFPro World Players' Union". FIFPro.org. 9 January 2017. Retrieved 1 October 2017.
Jump up ^ "2016–2017 World 11: the Reserve Teams – FIFPro World Players' Union". FIFPro.org. 23 October 2017. Retrieved 23 October 2017.
Jump up ^ Keylor Navas gana el Trofeo EFE al Jugador Iberoamericano de 2016
Jump up ^ CONCACAF Awards 2016
Jump up ^ "Five madridistas pick up prizes at the Facebook Football Awards". realmadrid.com. Madrid, Spain: Real Madrid Club de Fútbol. 12 May 2016. Retrieved 13 July 2016. Ronaldo (best striker and best player), James (best goal), Modric (best midfielder), Marcelo (best defender) and Navas (best goalkeeper) were the winners at the ceremony which took place at Facebook's offices in Madrid. The Real Madrid fans were also chosen as the best supporters in La Liga.
Jump up ^ "UEFA Champions League Squad of the Season". UEFA.com. 27 May 2018.
Jump up ^ "The Christian goalkeepers at the Brazilian World Cup". Zenit. 27 June 2014. Retrieved 29 June 2014.
Jump up ^ "World Cup 2014: Costa Rica's Keylor Navas is the man Greece must beat". The Guardian. 28 June 2014. Retrieved 29 June 2014.
Jump up ^ "Keylor Navas now has Spanish citizenship". Real Madrid. 3 December 2014. Retrieved 3 December 2014.
Jump up ^ "Keylor Navas obtains Spanish nationality". MARCA. 3 December 2014. Retrieved 3 December 2014.
Jump up ^ "Hombre De Fé, The Story Of Keylor Navas" [Man of Faith, The Story of Keylor Navas] (in Spanish). QCostaRica. 28 December 2017. Retrieved 7 July 2018.
External links
Wikimedia Commons has media related to Keylor Navas.
Real Madrid profile
Keylor Navas at BDFutbol
Keylor Navas at National-Football-Teams.com
Keylor Navas – FIFA competition record
Keylor Navas at Soccerway
show
v
t
e
Real Madrid C.F. – current squad
1 Navas
2 Carvajal
3 Vallejo
4 Ramos (c)
5 Varane
6 Nacho
8 Kroos
9 Benzema
10 Modrić
11 Bale
12 Marcelo
13 Casilla
14 Casemiro
15 Theo
17 Vázquez
18 Llorente
20 Asensio
21 Mayoral
22 Isco
23 Kovačić
24 Ceballos
30 Luca
— Coentrão
— De Tomás
— Lunin
— Odriozola
— Ødegaard
— Valverde
— Vinícius Jr.
Head coach: Lopetegui
show
Costa Rica squads
show
v
t
e
Costa Rica squad – 2009 CONCACAF Gold Cup semi-finalists
1 Navas
2 Delgado
3 Fernández
4 Salazar
5 Borges
6 Oviedo
7 Brenes
8 Ó. Granados
9 Saborío
10 Centeno (c)
11 Herron
12 L. González
13 Segares
14 Alonso
15 Wallace
16 Sirias
17 Herrera
18 R. González
19 W. Granados
20 Marshall
21 Ledezma
22 Arias
23 Cambronero
Coach: Kenton
show
v
t
e
Costa Rica squad – 2011 CONCACAF Gold Cup
1 Navas
2 Calvo
3 Acosta
4 Salvatierra
5 Borges (c)
6 Mora
7 Bolaños
8 Guzmán
9 Saborío
10 Ruiz
11 Madrigal
12 Campbell
14 Oviedo
15 Díaz
16 Ureña
17 Martínez
18 Grant
19 Duarte
20 Marshall
21 Brenes
22 Cubero
23 Moreira
24 Guevara
Coach: La Volpe
show
v
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e
Costa Rica squad – 2014 FIFA World Cup
1 Navas
2 Acosta
3 González
4 Umaña
5 Borges
6 Duarte
7 Bolaños
8 Myrie
9 Campbell
10 Ruiz (c)
11 Barrantes
12 Francis
13 Granados
14 Brenes
15 Díaz
16 Gamboa
17 Tejeda
18 Pemberton
19 Miller
20 Calvo
21 Ureña
22 Cubero
23 Cambronero
Coach: Pinto
show
v
t
e
Costa Rica squad – 2018 FIFA World Cup
1 Navas
2 Acosta
3 González
4 Smith
5 Borges
6 Duarte
7 Bolaños
8 Oviedo
9 Colindres
10 Ruiz (c)
11 Venegas
12 Campbell
13 Wallace
14 Azofeifa
15 Calvo
16 Gamboa
17 Tejeda
18 Pemberton
19 Waston
20 Guzmán
21 Ureña
22 Gutiérrez
23 Moreira
Coach: Ramírez
show
Awards
show
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e
CONCACAF Gold Cup awards
Most Valuable Player
1991: Meola
1993: Ramírez
1996: Lara
1998: Keller
2000: Forrest
2002: McBride
2003: Arellano
2005: Tejada
2007: De Guzman
2009: Dos Santos
2011: J. Hernández
2013: Donovan
2015: Guardado
2017: Bradley
Golden Boot
1991: Galindo
1993: Roberto Alves
1996: Wynalda
1998: L. Hernández & Wanchope
2000: Corazzin
2002: McBride
2003: Donovan & Centeno
2005: Beasley, Donovan, Ruiz, Tejada & Velásquez
2007: Pavón
2009: Sabah
2011: J. Hernández
2013: Donovan, Wondolowski & Torres
2015: Dempsey
2017: Davies, Morris, Parsemain
Bright Future
2015: Corona
2017: Davies
Golden Glove
2005: Penedo
2007: Grandel
2009: Navas
2011: Valladares
2013: Penedo
2015: Guzan
2017: Blake
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La Liga Goalkeeper of the Year - LFP Awards
2009: Casillas
2010: Valdés
2011: Valdés
2012: Casillas
2013: Courtois
2014: Navas
2015: Bravo
2016: Oblak
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CONCACAF Player Awards
Men's winners
Player of the Year
2013: Peralta
2014: Navas
2015: Hernández
2016: Ruiz
2017: Navas
Goalkeeper of the Year
2013: Howard
2014: Howard
2015: Howard
2016: Navas
2017: Navas
Women's winners
Player of the Year
2013: Morgan
2014: Wambach
2015: Lloyd
2016: Morgan
2017: Morgan
Goalkeeper of the Year
2013: not awarded
2014: not awarded
2015: Solo
2016: Harris
2017: Franch
show
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EFE Trophy
1990–91: Fernández
1991–92: Zalazar
1992–93: Zamorano
1993–94: Romário
1994–95: Zamorano
1995–96: Simeone
1996–97: Ronaldo
1997–98: Roberto Carlos
1998–99: Rivaldo
1999–2000: Herrera
2000–01: Acuña
2001–02: Saviola
2002–03: Ronaldo
2003–04: Ronaldinho
2004–05: Forlán
2005–06: Aimar
2006–07: Messi
2007–08: Agüero
2008–09: Messi
2009–10: Messi
2010–11: Messi
2011–12: Messi
2012–13: C. Ronaldo
2013–14: Diego Costa
2014–15: Suárez
2015–16: Navas
Retrieved from "https://en.wikipedia.org/w/index.php?title=Keylor_Navas&oldid=850221791"
Categories:
1986 births
Living people
People from Pérez Zeledón (canton)
Costa Rican footballers
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Association football goalkeepers
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La Liga players
Segunda División players
Albacete Balompié players
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Costa Rica international footballers
Costa Rican Christians
2009 UNCAF Nations Cup players
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