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Prepare a written report based on the CAFR you selected. Answer the following questions: 1)...

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Question

Accounting

Prepare a written report based on the CAFR you selected. Answer the following questions:

1) Introduce and explain the composition of the reporting entity you have selected.

a.

Name the primary government and what, if any, component units are included in the CAFR.

b.

Give an overview of the history of the government. (One paragraph.)

c.

What are the inclusive dates of the fiscal year?

d.

What is the name and address of the independent auditor? Is the auditors opinion unqualified?

If not, describe the qualification.

e.

How many funds does the primary government use? Which funds are major?

f.

From the governmental and enterprise funds statements, take athe major fund(s) (other than

the General Fund) and prove/show, using the 10 percent and 5 percent criteria, that the fund is

required to be reported as a major fund. (Show your computations in a table format)

CAFR: http://www.arlington-tx.gov/finance/wp-content/uploads/sites/24/2018/03/2017-Comprehensive-Annual-Financial-Report-YE-9-30-17.pdf

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