Find the Comprehensive Annual Financial Report (CAFR) from your local government or a local government near you. In your initial post, summarize what you found in your online search. Additionally, respond to the following questions:

What differences do you see between the statements in this report and the statements you see in private-sector companies? Why are these differences necessary?

What did you find most interesting about the CAFR?

What did you find most confusing about the CAFR?