Question
Step I: Review Using freely available online resources, locate and review the CAFR of the governmental entity you are assigned to (Note: I will assign
Step I: Review
Using freely available online resources, locate and review the CAFR of the governmental entity you are assigned to (Note: I will assign the governmental entities to you in class on October 20) as well as any other demographic information. For any trend analysis, you may need to review CAFR for multiple fiscal years. You may also want to review your assigned books Chapters 9 and 10.
Step II: Prepare
Based on your review from Step I, prepare a PowerPoint presentation that covers the following questions (not necessarily in the order presented below; you can be creative in answering the similar questions into one slide). Your presentation should contain between 12 and 15 slides. Grading for the PPT presentation will be based on professionalism, creativity, and correctness of the information presented.
- Who is the auditor for the governmental entity? What audit standards did the auditor follow?
- What are the two statements prepared under government-wide financial statements?
- What are the major funds reported by the governmental entity under governmental fund and proprietary fund category?
- What is the total revenue reported by General Fund? What is the primary source of total revenue under General Fund?
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