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Details:

Get the copy of a Comprehensive Annual Financial Report (CAFR) for a state or local government for which you would have an interest. Answer the following problems about that report:

• What information is included?

• Is there any information which you find mainly interesting?

• What do you think to be the most useful statistical information?

• Overall, do you feel that this section permits you to better understand the financial status of the governmental entity, or do you feel the information is marginal and must be eliminated?

Objective:

• Demonstrate the understanding of governmental and not-for-profit accounting and financial statements.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9848

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