Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,

9th Edition

978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062

More Books

Students also viewed these Accounting questions