Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Assignment

http://990s.foundationcenter.org/990_pdf_archive/522/522345144/522345144_201412_990.pdf?_ga=1.64191599.1553211607.1477880190 ( A wider circle NFP)

http://awidercircle.org/wp-content/uploads/A-Wider-Circles-2015-audit.pdf (NFP-A wider circle audit)

http://www.collegeparkmd.gov/document_center/Finance/CAFR/FY2015CAFR.pdf (City of College Park, Md-CAFR Government Entity).

For this assignment, you will select a CAFR (Comprehensive Annual Financial Report) from a municipality in your area. You will also select an NFP (Not for Profit) entity and the related IRS form 990. You will write a paper on the CAFR and a separate on the NFP. Relate topics from our class discussions to your entity. Discussion postings should assist you in completing your deliverables. Power Point presentations based on each paper will be prepared and posted in the class discussions for discussion and comments.

Both the CAFR analysis and the NFP analysis enable you to demonstrate your comprehension of the course subject matter and your ability to communicate effectively in writing. You are to analyze and evaluate the effectiveness of 1) a governmental entity and 2) a not-for-profit organization of your choosing. You will need to identify each organization's mission statement and then describe the extent to which the mission is being accomplished. You will need to identify criteria for the evaluation of the mission statement, measure achievement using these criteria, and offer a conclusion on the evidence presented.

CAFR and NFP - Papers or CCR reports; Power Points

1. Select a CAFR from a municipality in your area. Present it in a discussion for approval.

2. Select an NFP statement or an IRS form 990. The www.foundationcenter.org web site will be helpful to locate the most recently available form 990. Present it in a discussion for approval.

3. Write a brief paper on the CAFR and a separate paper on the NFP. Relate topics from our textbook to your entity. Our discussion postings should assist you in completing your deliverables. The CAFR is your main resource for your government entity and the form 990 is the resource for your NFP. A paper should be three to four pages, single spaced. You may add graphics from your source document but limit this to no more than 50% of your space (i.e. a four page paper with no more than two pages of graphics, total.

4. Prepare a Power Point presentation (CCR: templates and guidance at www.agacgfm.org ) based on each paper to post in our discussion in week 8 for discussion and comments. Submit only the papers in the assignment folders. The Power Point presentations (or the CCR) will be posted initially only in the discussion. Note the separate due dates for each item: the CAFR paper, the NFP paper, and the two Power Point presentations (or CCR). This is a total of 4 documents, 2 for the municipality and 2 for the NFP. Your municipality may be at the local or state level. After the discussion you should submit your CAFR and NFP Power Point presentations. For this reason you will find four separate items in the assignment folder: CAFR_Paper; NFP_Paper; cafr Presentation; nfp Presentation. * The presentation should be no more than 10 slides.

** All documents for our class require a Works Cited Page. A paper also requires APA format for citations in text.

5. Each paper (CAFR and / or NFP) should be three to four pages in length plus the works cited page. Relate topics from our textbook to your entity. Our discussion postings should assist you in completing your deliverables.

6. The entities you select, for the CAFR and the NFP analysis, must be new to you. That is, you must not have used them in a previous class.

7. Four deliverables:

1. Government Entity CCR or paper

2. Government Entity Power Point presentation (post in discussion for peer review; then post final version in assignment folder for grading based on due dates)

3. NFP Entity CCR or paper

4. NFP Entity Power Point presentation (post in discussion for peer review; then post final version in assignment folder for grading based on due dates)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92083357
  • Price:- $90

Priced at Now at $90, Verified Solution

Have any Question?


Related Questions in Accounting Basics

Question - an employee of a board of education is paid an

Question - An employee of a Board of Education is paid an annual salary in 22 bi-weekly payments of $1237.96 each. The employee is under contract for 200 workdays of 8 hours each. (a) What is the hourly rate of pay? (b) ...

Question - on january 2 2017 the first year of operations

Question - On January 2, 2017 the first year of operations, Alpha Corp issued 15,000 shares of $10 par value common stock for $15 per share. On july 1, 2017 Alpha Corp 1,000 of these shares were reacquired for $20 each. ...

Question - victorias 2016 tax return was due on april 15

Question - Victoria's 2016 tax return was due on April 15, 2017, but she did not file it until June 12, 2017. Victoria did not file an extension. The tax due on the tax return when filed was $9,400. In 2016, Victoria pai ...

Question 1 on october 1 2007 eagle company forecasts the

Question: 1. On October 1, 2007, Eagle Company forecasts the purchase of inventory from a British supplier on February 1, 2008, at a price of 100,000 British pounds. On October 1, 2007, Eagle pays $1,800 for a three-mont ...

Question - ethics classification of income statement

Question - ETHICS (Classification of Income Statement Items) As audit partner for Grupo and Rijo, you are in charge of reviewing the classification of unusual items that have occurred during the current year. The followi ...

Question - cosos internal control - integrated framework

Question - COSO's Internal Control - Integrated Framework discusses technology general controls and application controls. What are technology general controls and application controls? How do technology general controls ...

Question - blue co reported 150000 of net income for 2017

Question - Blue Co. reported $150,000 of net income for 2017. The accountant, in preparing the statement of cash flows, noted the following items occurring during 2017 that might affect cash flows from operating activiti ...

Question - kramer corp reported the following sale and

Question - Kramer Corp. reported the following sale and purchase transactions related to a specific product in January 2017: Date Transaction Quantity Unit Cost Unit Sales Price Jan 01 Beginning inventory 5 $90 Jan 03 Sa ...

Question - a company hasnet income of 750000an average of

Question - A company has: Net income of $ 750,000 An average of 690,000 shares of common stock outstanding $50,000 of 6% convertible bonds outstanding that are convertible into a total of 10,000 shares No other potential ...

Question - describe the allocation of inventoriable costs

Question - Describe the allocation of inventoriable costs may be made under any of the following assumptions as to the flow of costs (a) first-in, first-out (FIFO), (b) last-in, first-out (LIFO), or (c) average cost.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As