Obtain a copy of a recent Comprehensive Annual Financial Report (CAFR). These may be obtained by writing the director of finance in a city or county of your choice. Your instructor may have one available for you, or you may obtain one from the GASB website: www.gasb.org. It would be best, but not absolutely necessary to use a CAFR that has a Certificate of Excellence in financial Reporting from the Government Finance Officers Association. You will be answering questions related to the CAFR in Chapters l through 9. Answer the following questions related to your CAFR.

a. What are the inclusive dates of the fiscal year?

b. Write the name and address of .the independent auditor. Is the auditor's opinion unqualified? If not, describe the qualification. Is the opinion limited to the basic financial statements, or does the opinion include combining and individual fund statements?

c. Does the report contain an organization chart? A table of contents? A list of principal officials? A letter of transmittal? Is the letter of transmittal dated and signed by the chief financial officer? List the major items of discussion in the letter of transmittal.

d. Does the report include a Management's Discussion and Analysis? List the major items of discussion.

e. Does the report include the government-wide statements (Statement of Net Position and Statement of Activities)?

f. Does the report reflect fund financial statements for governmental, proprietary, and fiduciary funds? List those statements. List the major governmental and proprietary funds (the funds that have separate columns in the governmental and proprietary fund statements).