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.

• How did the governmental entity present the information related to statement of cash flows for its internal service fund, if any?
• Did the entity report any fiduciary fund financial statements? If it did, list the name of the funds.
• What is the definition of a reporting entity per GASB?
• Did the entity report any component unit financial information? If it did, how did the entity report the results of its component unit (i.e., blended or discrete)? Does the GASB standards allow either blended or discrete presentation for component units?