important to many users of financial data in order to make informed decisions about a company. One of the ways that a company displays this information is with a Comprehensive Annual Financial Report or CAFR as most people in industry have come to know it by. The steps and preparation of preparing a CAFR provide the users the chance to view the overall financial health of a business and ensures that essential information about the business is consistent not only in information‚ but in content from year
Premium Financial statements Balance sheet Annual report
Individual Assignment Chapter 1 – Exercises 1-1 1. A 3. D 4. C 5. B 7. D 8. C Chapter 2 12. What is a CAFR? What are its main components? A CAFR is the Comprehensive Annual Financial Report for cities‚ states‚ and counties. This report summarizes the agencies financial statements as well as demographical information for a wide list of users such as taxpayers. The three main components of a CAFR are the introductory section‚ financial section‚ and statistical section. The introductory section includes
Premium Finance Economics Financial statements
Sacramento‚ California – For fiscal year 2013-2014 Analysis of CAFR for Acct 640M Kory Lee April‚ 2015 The city of Sacramento‚ California is one of the frontier towns in the state of California. Established in 1848 after the construction of a confluence and named after the river on its western front‚ Sacramento became one of the first major cities in California. Residents of the city enjoy a high quality of life with slightly lower than the national average level of unemployment at 7.5%
Premium Financial statements Generally Accepted Accounting Principles Fiscal year
expenditures‚ by function or by ‘‘object’’? Are the classifications approximately the same in both the government-wide and the fund statements? The government classifies its governmental expenditures by function because when examining Pleasanton’s CAFR‚ it is not related to the type of goods or services obtained (which is an object)‚ but rather nature of the activity it supports (which is a function)‚ and both definitions of object and function are in the Government and Not-for-Profit Accounting
Premium Government Economics Federal government of the United States
Crime and drug trafficking is still on the rise. People are still losing their homes and debt is at an all-time high. The permission of choosing my CAFR allowed digging deeper into this growing problem by discovering who regulates drug and crime programs‚ the debt position‚ and other municipals relating to the well-being of my hometown. In this paper‚ I will address the crisis relating to a nonmajor governmental fund program designed to aid in the decline of crime and drugs and the recent trend relating
Premium Pension Tax Balance sheet
CAFR Budget Analysis Paper April 19‚ 2007 Introduction The Comprehensive Annual Financial Report (CAFR) that our team chose to analyze is for the State of Ohio. The CAFR is for the fiscal year that ended June 30‚ 2006. The information that was reviewed for the CAFR budget analysis was: the population‚ the State of Ohio’s governmental structure‚ the size of the budget and its interrelationship with the CAFR‚ major industries located in the
Premium Financial statements Federal government of the United States Ohio
CAFR Project of Washington State‚ Fiscal Year 2008. 1. The CAFR Project which I am assigned is Washington State. http://www.ofm.wa.gov/cafr/ The most recent fiscal year is 2008; the last date of the fiscal year is June 30‚ 2008. The governor is Christine Gregoire. 2. A. The date on the letter is December17‚ 2008. B. This letter addressed to Governor Mrs. Christine Gregoire‚ Members of the legislature and Citizens of the state. C. This letter is written by Mr. Victor A. Moore Director
Premium Balance sheet Financial statements Management
This paperwork contains ACC 460 Week 2 Learning Team CAFR Budget Analysis Business - Accounting Select one team member’s CAFR to be the basis for this and subsequent Learning Team assignments‚ using the CAFRs chosen for the CAFR list activity in Week One. Locate and review a copy of the budget accompanying your selected CAFR. Prepare a 700- to 1‚050-word overview of the government that filed your selected CAFR. Include the following information in your overview: Population
Premium English-language films Finance Economics
NATIONAL UNIVERSITY 13 CAFR & BUDGET ANALYSIS COUNTY OF San Diego Anahita Seyedin Mr. Russell o. Parkman County of San Diego CAFR & Budget Analysis Introduction: San Diego County begins with the first landing by a European in the present state of California and the first European settlement in California ‚ so that San Diego has been described as "the birthplace of California." After being discovered by Portuguese explorers sailing under the
Premium Financial statements Generally Accepted Accounting Principles Balance sheet
allows users to store and retrieve data from databases. The most popular examples of database software are Microsoft access and oracle. Spreadsheet software Spreadsheet software allows users to perform calculations using spreadsheets. They simulate paper worksheets by displaying multiple cells that make up a grid‚ and the most popular example is Microsoft Excel. Presentation software is used to display information in the form of a slide show is known as
Premium Microsoft Office Microsoft Application software