Government Accounting-you will do a 5 page power point slide presentation and use the GASBcodification as your guidance. Please include the following:Explain what the CAFR isProvide an outline for the minimum content of a CAFRSelect a local CAFR (I can help you with this step) and identify the following: a. the entity’s most significant source of revenues and most significant expense; b. the entity’s most significant asset, and its most significant liability; c. two of the individual funds used by the government d. who prepared the report; e. who audited the report, and using what auditing standards.

Introduction:- In this presentation, we will explore the basics of government accounting and…

Answered: Government Accounting-you will do a 5…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Government Accounting-you will do a 5 page power point slide presentation and use the GASB

codification as your guidance. Please include the following:

Explain what the CAFR is
Provide an outline for the minimum content of a CAFR
Select a local CAFR (I can help you with this step) and identify the following: a. the entity’s most significant source of revenues and most significant expense; b. the entity’s most significant asset, and its most significant liability; c. two of the individual funds used by the government d. who prepared the report; e. who audited the report, and using what auditing standards.

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