Compare and contrast the CAFRs in three categories:
Publication method.
The existence or non-existence of an internal audit function.
At least two key features of the external audit information.
Compare both the internal and external audit information presented.
Include the publication method of the CAFR for the assigned local government entity with the governmental entity being used for your Continuing problem.
Analyze each of the three sections of the assigned local government CAFR using the questions presented in Chapter 2 Continuing Problem as a basis:
The CAFR includes statements that combine and report on the government’s activities from both a government-wide and a fund perspective.
The CAFR is divided into three sections – introduction, financial, and statistical.
Using the assigned local government CAFR, analyze each of these sections using the questions presented in the Chapter 2 Continuing problem as a basis.
