Comprehensive Annual Financial Report (CAFR) AssessmentFocus of the CAFR AssessmentDownload a copy of the most recent CAFR for a local governmental/not-for-profit entity of your choice and familiarize yourself with the contents. The entity’s website is often a great source for this document.The six-to-eight page final paper will discuss/analyze the document with at least three scholarly sources in addition to the text and must contain the following sections:Introduction Refer to the letter of transmittal or other narrative that accompanies the document. Provide an introduction to the chosen entity. This introduction should contain information regarding the history of the entity, including the mission, services provided, and area or individuals served.Financial SectionAudit Report Discuss the opinion expressed (unqualified or qualified) and the independent firm or government organization providing the opinion. Include a discussion of the statements covered by the opinion (basis statement plus combining statements and fund statements).Financial Statements Discuss the statements included in the report (government and/or fund statements), including any noted trends or concerns. Discuss each fund utilized by the entity, including the type of fund, source of revenues, noted trends, and financial condition.Notes to the Financial Statement Discuss the number of notes contained in the report and topics covered. Are any concerns noted after reading the notes?Management Discussion and Analysis (MD&A) Discuss the provided MD&A, including any concerns, trends, and anticipated changes.OperationsCapital Assets Discuss the capital assets reported on the government-wide statement and the note disclosures regarding balance changes as well as policies regarding depreciation and capitalization thresholds.General Long-term Liabilities and Debt Service Funds Discuss any noted general Long-term Liabilities, including changes, debt limitations, and any overlapping debt. Discuss whether a Debt Service Fund is noted, including the debt instrument being serviced by the fund.Internal Service and Enterprise Funds Discuss whether any activities are administered by an internal service or enterprise fund. If an internal service fund is not utilized, note how activities commonly used by more than one fund such as purchasing and printing are handled. Note whether any enterprise fund is operating at a deficit, and if so, how it is handled. Discuss any regulations governing the operations of the enterprise fund(s).Fiduciary Funds Discuss whether any fiduciary activities are reported noting the fund utilized, purpose, and basis of accounting used.Recommendations As a result of reviewing the CAFR, discuss any recommendations you might have for improving the financial position of the entity. Keep in mind any items noted in the audit report, MD&A, as well as foot notes.Conclusion Summarize your findings, including any noted trends and concerns. The CAFR Assessment final paperMust be six double-spaced pages in length (not including title and references pages) and formatted according to APA StyleMust include a separate title pageMust utilize academic voice. Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.Must use at least 3 scholarly sources in addition to the course text.Must document any information used from sources in APA StyleMust include a separate references page that is formatted according to APA Style.For more information on Comprehensive Annual Financial Report read this:https://en.wikipedia.org/wiki/Comprehensive_annual_financial_report
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.