Use the Internet to review a governments CAFR Examine the governmental fund financial statements, the governmental activities sections of the government wide financial statements, and the reconciliations between the two sets of statements Trace the items that make up the reconciliations back to the...

Each student will have a somewhat different answer but the answers should generally c ...

Use the Internet to review a governments CAFR. Examine the governmental fund financial statements, the governmental activities

Question:

Use the Internet to review a government’s CAFR. Examine the governmental fund the governmental activities sections of the government- wide and the reconciliations between the two sets of statements. Trace the items that make up the reconciliations back to the as best you can. Write a brief report explaining the nature of each item of the reconciliation. Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...