[Study Helper] Analyze the financial reporting of a local government for specific indications of budgetary and fiscal compliance.
Assignment: Financial Reporting Review of Local Government Overview The Governmental Accounting Standards Board (GASB) has established accountability as the cornerstone of financial reporting for governments. Accountability, as defined by GASB, includes budgetary and fiscal compliance. In this assignment, you will explore a local government’s Comprehensive Annual Financial Report (CAFR) for the elements of the CAFR […]