ACC 548 Week 1 Individual Assignment Comprehensive
Annual Financial Report Briefing
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You
are working as an accountant for the government, and you have newly elected
board members who are businesspeople from the community. You need to prepare an
overview of government accounting to brief the new members.
Select a Comprehensive Annual Financial Report (CAFR) for a government entity of your choice, preferably a community in which you live.
Write a paper of no more than 1,400 words and submit it as a Microsoft® Word document.
Include a comparison of governmental accounting with for-profit financial accounting, an explanation of governmental reporting requirements, an overview of the entity you have chosen, and an evaluation of the Management Discussion & Analysis (MD&A) section for your entity.
Select a Comprehensive Annual Financial Report (CAFR) for a government entity of your choice, preferably a community in which you live.
Write a paper of no more than 1,400 words and submit it as a Microsoft® Word document.
Include a comparison of governmental accounting with for-profit financial accounting, an explanation of governmental reporting requirements, an overview of the entity you have chosen, and an evaluation of the Management Discussion & Analysis (MD&A) section for your entity.