Search the Internet for the official website of IOWA state or local government. After reviewing this website, determine whether the latest comprehensive annual financial report (CAFR) is available on the site. (For example, the most recent CAFR for the City of Sacramento can be found at www.cityofsacramento.org/cafr/ and the CAFR for the City of Pembroke Pines, FL can be found at http://www.ppines.com/finance/cafr.html. Use the financial statements that you locate to answer the following questions:

1. How does the audit opinion given to this city by its independent auditors differ from the audit opinion rendered on the financial statements for a for-profit business?

2. What were the city