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New Jersey State Comprehensive Annual Financial Report(CAFR) for 2019 a Questions and Exercises Obtain a copy of a recent Comprehensive Annual Financial Report (CAFR). These
New Jersey State Comprehensive Annual Financial Report(CAFR) for 2019 a Questions and Exercises Obtain a copy of a recent Comprehensive Annual Financial Report (CAFR). These may commonly be obtained from the website of a city or county of your choice. 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 through 8. Answer the following questions related to your CAFR. a What are the inclusive dates of the fiscal year! b. Identify the name and address of the independent auditor. Is the auditor's opinion unmodified? If not, describe the modification. Is the opinion limited to the basic financial statements, or does the opinion include combining and individual fund statements? e 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. Does the report include a Management's Discussion and Analysis? List the major items or discussion e Does the report include the government-wide statements (Statement of Net Position and Statement of Activities)? Does the report reflect fund financial statements for governmental proprietary, and fiduciary hund? List those statements. List the major governmental and proprietary funds (the funds that have separate columns in the governmental and proprietary fund Statements)
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