The Comprehensive Annual Financial Report Flashcards
1
Q
What are the minimum requirements for external reporting?
A
General Purpose Financial Statements
- MD&A - Basic Financial Statements - RSI
2
Q
What are the three main sections of the CAFR?
A
- Introductory Section
- Financial Section
- Statistical Section
3
Q
What’s included in the CAFR Financial Section?
A
- Auditor’s Report
- MD&A
- Basic Financial Statements (Government Wide, Fund, Notes)
- RSI
4
Q
Where is Fiduciary Fund information included/excluded?
A
- Included in CAFR Fund Statements
- Excluded from Government Wide Statements
