Review the CAFR you selected inWeek 1. (Miami Dade County

Tasks:

Based on your review, answer the following questions:

• • Summarize the project including what you have learned about the government you chose.
  • Compare and contrast the financial statements of the selected CAFR to those of an NPO. Identify the key differences in the format and content of the basic financial statements.
  • Given the differences in the financial reporting practices and requirements of these for-profit, not-for-profit, and governmental entities, how could stakeholders effectively compare their operating performance and service-delivery effectiveness?
  • Does the government list a college or university as a component unit or related affiliate in the CAFR? If so, how is the college or university presentedblended or discretely?
  • Identify at 2 users of a CAFR. Why do they use this document? What is your opinion of its use?