Reference no: EM132213201
Question: Review the Comprehensive Annual Financial Report (CAFR) that you obtained. (Austin Tx)
1. What are three main sections of the report?
2. Review the introductory section of the CAFR
a. Was the entity's annual report of the previous year awarded a “certificate of achievement for excellence in financial reporting†by the Government Finance Officers Association? What is the significance of this award?
b. What are the key issues addressed in the letter of transmittal?
3. Review the financial section.
a. Which if any, independent audit firm performed an audit of the CAFR?
b. Did the entity receive an “unqualified “audit opinion? If not, why not?
c. Does the report contain management's discussion and analysis (MD&A)? If so, what are the key issues addressed?
d. Does the report provide a reconciliation between total governmental net position per the government-wide statement of net position and total governmental fund balances per the governmental funds balance sheet? If so, what are the main reconciling items?
e. What are the major governmental funds maintained by the entity? Does the entity's fund structure conform to its organizational structure?
f. Does the report include “required supplementary information?†If so, what are the main areas addressed?
g. Does the report include “combining statements?†If so, what is the nature of these statements?
h. Does the report include other supplemental information? If so, what types of information are in this section of the report?
4. Review the statistical section.
a. What is the population of the entity being reported on?
b. Who is the entity's major employer?
For the Continuing Problem, you will need to access the City of Austin CAFR - FY2014
|
What is the amount of luke recognized gain or loss
: In the current year, Luke, Sue, and Chris form Elm Corporation. Luke contributes land (a capital asset) having a $90,000 FMV purchased as an investment.
|
|
Function to find correct critical value for given a level
: To provide a 99 percent service probability, what must the reorder point be? (Use Excel's NORMSINV() function to find correct critical value for given a level.
|
|
Common windows utilities used to maintain windows
: What are common Windows utilities used to maintain Windows? What are the corresponding file name?
|
|
How does remote access permission works
: How does remote access permission works? What could interfere with the ability to access a user's system?
|
|
What are three main sections of the report
: What are three main sections of the report? Was the entity's annual report of the previous year awarded a “certificate of achievement for excellence.
|
|
Understanding the design of information systems
: In human-computer interaction, what are some approaches that are useful in understanding the design of information systems at the interface level?
|
|
Programming language names
: Briefly explain the "meanings" associated with the programming language names C++, Lisp, Prolog.
|
|
Fundamental data types
: Lists are also supported in Prolog. In C and C++, a list can be implemented using what language supported data structure?
|
|
American distributor stops by every four weeks to take order
: An American distributor stops by every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive.
|