Question
For Prince Georges County Maryland latest ACFR. Papers: Descriptions & Instructions ACCT 424 Advanced Accounting - Dr. John Yelle Paper #1: Analysis of an ACFR
For Prince Georges County Maryland latest ACFR.
Papers: Descriptions & Instructions ACCT 424 Advanced Accounting - Dr. John Yelle Paper #1: Analysis of an ACFR Report (80 Points) 1. Select an Annual Comprehensive Financial Report (ACFR) from a government / municipality and present your choice in the discussion set up for same in Week #1 for approval by stating the government's / municipality's name in the discussion, and uploading / attaching the municipality's most recent ACFR report in PDF format. Only approved entities / ACFRs will be accepted. 2. Explore the concepts of the course material relating to ACFRs. You must also find and review / read outside literature on this subject and the below requirements as well and use and reference same in the paper. 3. The ACFR report needs to include the following: a. A brief introduction / review of your chosen ACFR entity. b. For the ACFR report itself, discuss its focus, what it is trying to impart on its users, and an identification and review of the main sections of the ACFR (what is NOT to be included is a fund-by-fund accounting of figures, performance, balances, etc.) c. Clearly identify who the actual intended audience / users of an ACFR report are outside those the ACFR report itself is addressed to. d. Discuss your thoughts on how an ACFR is presented to its users.
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