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n this week's Application, you analyze financial data of two SLGs-Cala Township and Town of Blue-in order to create financial statements.

Part 1: Preparation of Statement of Activities for a Township

Download the Cala Township financial data. When you have completed your review of the data, provide the following and submit your work in a single Word document (including Part 2):

  1. Statement of Activities for Cala Township for 2010
  2. Search the Internet to access the CAFR of an actual county and review the Statement of Activities. Write a brief analysis (150-300 words) of the similarities and differences of the county's Statement of Activities with the one you created for this Application. Include any other matters that might come to your attention as you compare the statements.

Part 2: Conversion of Enterprise Fund to Business-Type Activities

Download the Town of Blue financial data. When you have completed your review of the data, provide the following and submit your work in a single Word document (including Part 1):

  1. Business-type activities section of the Government-Wide Statement of Activities for Town of Blue for 2010
  2. Business-type activities section of the Government-Wide Statement of Net Assets for Town of Blue for 2010
  3. Search the Internet to access the CAFR of an actual county (it can be the county from part one) and review the Business-type activities section of the Government-Wide Statement of Activities and the Business-type activities section of the Government-Wide Statement of Net Assets. Write a brief analysis (150-300 words) of the similarities and differences of the county's with the one you created for this Application. Include any other matters that might come to your attention as you compare the statements.

Be sure to show and label your computations and to support your work with specific citations from this week's Learning Resources and any additional resources.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91891981

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