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Use your chosen CAFR to research their permanent funds and special assessment funds, if any. (Do not use this question if there are none). Discuss

  1. Use your chosen CAFR to research their permanent funds and special assessment funds, if any. (Do not use this question if there are none). Discuss how these funds are used and give some typical journal entries for these funds with explanations.
  2. What are the different types of proprietary funds? Use your CAFR to discuss the proprietary funds used by your chosen government. Do any of these funds use exchange transactions? What financial statements are used by these proprietary funds?
  3. Choose any article that you find in the news about your chosen government or another government that you find. Write a summary and share it with your colleagues.

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