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Find a comprehensive annual financial report (CAFR) for any city, state, county, or parish that interests you. What is the fiscal year? What are the
Find a comprehensive annual financial report (CAFR) for any city, state, county, or parish that interests you.
- What is the fiscal year?
- What are the three major sections of the CAFR?
- What firm serves as the independent auditor? Is the opinion unmodified? Modified? What does the auditors opinion cover?
- Do you note an organizational chart or list of principal offers?
- What is the letter of Transmittal? To whom is it addressed? Who signs this letter? What are the major components of the letter?
- What are the major items discussed in Managements Discussion and Analysis?
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