CAFR project

Based on your review, answer the following questions:

Summarize the project to this point. What have you learned about the government you chose?

Analyze the budget-to-actual comparisons of the major funds. What does this tell you about the organization?

Does the government you selected encumber goods or services that have been ordered but not yet received? How, if at all, are these goods or services reflected in the governmental fund balance sheet?

Evaluate other sections of the CAFR that typically present budgetary information. What does this information tell you about the government you selected?

Do you think the budgetary disclosures in the report fully address the need of all relevant stakeholder groups? Explain your response.

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