Discussion Topic: Comprehensive Annual Financial Report (CAFR) State and Local Governments Respond...
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Accounting
Discussion Topic: Comprehensive Annual Financial Report CAFR State and Local Governments Respond to your Discussion topic after you have completed your Reading and the Learning Activity. State and local governments are accountable to much more than private investors. They are accountable to the community as a whole. Communities are required to publish a comprehensive annual financial report CAFR Please locate a state or local government's comprehensive annual financial report CAFR to complete the following: How does the CAFR compare to a traditional forprofit business? What are the major sources of revenue? What are the major expenditures? Do you feel that this entity is healthy? What are some areas of improvement?
Discussion Topic: Comprehensive Annual Financial Report CAFR
State and Local Governments
Respond to your Discussion topic after you have completed your Reading and the Learning Activity.
State and local governments are accountable to much more than private investors. They are accountable to the community as a whole. Communities are required to publish a comprehensive annual financial report CAFR Please locate a state or local government's comprehensive annual financial report CAFR to complete the following:
How does the CAFR compare to a traditional forprofit business?
What are the major sources of revenue?
What are the major expenditures?
Do you feel that this entity is healthy?
What are some areas of improvement?
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