Considering the unique financial reporting practices for government and nonprofit entities, how do combined corporate entities and consolidations impact the transparency and comprehensibility of government$-$wide and fund financial statements? Share an example from real$-$world organizations or hypothetical scenarios to support your perspective.

Remember to support your responses with relevant examples and references. Engage with at least two of your peers by providing thoughtful feedback or asking follow$-$up questions to foster a deeper understanding of the topic. Let's have an insightful discussion!