Comparing the government and non-profit in accounting

Assignment Help Accounting Basics
Reference no: EM132450951

Accounting, the government and non-profit, comparing CAFR.

You are comparing CAFR of City of White plains and City of Buffalo year of 2018, (you can easily find it online)

From material contained in your city's CAFR, including the Statement of Net Position and General Fund's Balance Sheet and Statement of Revenues, Expenditures and Changes in Fund Balances,

prepare a typed eight (8) page, double spaced report containing the following:

  • Profile of the city:
  • Economic Condition:
  • Comparison to Budget
  • Revenue Sources
  • Debt Capacity:
  • Pension Obligation

In addition from material in the Financial Section, utilize data from the Introductory and Statistical sections. Please ensure that you use your own words. Plagiarism will result in an F!

Question : Comparison to White Plains -Based on your knowledge of White Plains gathered through the semester, in two or three paragraphs, give your opinion on how your city compares with it relative to its overall financial condition. Items to mention might include financial ratios, debt margin, revenue sources, etc.

Reference no: EM132450951

Questions Cloud

Why you believe employees do not participate in the process : Reflect on situations where you believe an employee would benefit the most from contesting a citation and why you believe employees do not participate
ACC400 Accounting For Decision Making Assignment : ACC400 Accounting For Decision Making Assignment Help and Solution, University of Phoenix, USA. What was Ryde and Rowe's operating income for January
Describe sponsoring employee compensation plans : Imagine that you are an employer trying to decide whether to sponsor a "qualified" retirement plan or "nonqualified" deferred compensation plan for your employe
Four worldviews are prominent in literature : According to Creswell, four worldviews are prominent in literature: positivist/post-positivist, Constructivist, Transformative and Pragmatic.
Comparing the government and non-profit in accounting : Comparing the government and non-profit in Accounting.Statement of Net Position and General Fund's Balance Sheet and Statement of Revenues, Expenditures
Calculate the operating and cash cycles : Problem - Consider the following financial statement information for the Rivers Corporation: Calculate the operating and cash cycles
Discuss debt vs equity securities to grow business : Discuss when a company should use debt securities vs equity securities to grow their business. Provide a specific example to make your point.
Committee discussion in the discussion thread forum : In your collaborative committee, discuss what information you will need to know about the lack of child helmet use on a bicycle. What types of research
Learn something completely new about leadership : We are at the midpoint of this course and by now you have probably had a few "ah-ha" moments where you learn something completely new about leadership,

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which fund has priority when funds are disbursed

In a revenue bond, which fund has priority when funds are disbursed from the reserve fund, the operation and maintenance fund or the debt service reserve fund?

  What is the book value of the bond liability as of june

The effective-interest method of amortization is used. What is the book value of the bond liability as of June 30, 2016 (to the nearest dollar)

  What two approaches can managers take

What two approaches can managers take to speed up sluggish collections of receivables? List one advantage and disadvantage for each approach.

  Financial statement analysis of a public company

Write a five-to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center. In this analysis you will discuss the financial health of this company with the ultimate goa..

  You have been invited by the audit partner on the pinnacle

in parts i pp.245-247 and ii pp. 287-288 of this case you performed preliminary analytical procedures and assessed

  What controls should a company implement to ensure

What controls should a company implement to ensure consistency of sales information between the front end and back end of its systems?

  What is the character of the loss carryover

For 2016, Sherri has a short-term loss of $2,250 and a long-term loss of $7,500. How much loss can Sherri deduct in 2016?

  Discuss the reasons why a company may want to sell their

an article recently appeared in the wall street journal indicating that companies are selling their receivables at a

  Koonce company manufactures private-label small electronic

koonce company manufactures private-label small electronic products such as alarm clocks calculators kitchen timers

  Make a multiple-step income statement

Required - Prepare a multiple-step income statement combined with a reconciliation of retained earnings for the year ended December 31, 2008

  Carrying value for the new blueprint printer

Compute the annual depreciation and carrying value for the new blueprint printer for each of the four years (round to the nearest dollar where necessary) under each of the following methods: (a) straight-line, (b) production, and (c) double-declin..

  Prepare the income statement

On April 1, 2011, Jennifer Stafford created a new travel agency, See-It-Now Travel. The following transactions occurred during the company's first month.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd