PA504 – Governmental and Nonprofit Accounting Case Study Week Two Questions (40 points) Please provide a page reference to the CAFR (not the pdf) for each response if applicable. 1. Who prepared the CAFR? The Metropolitan Government of Nashville and Davidson County’s Department of Finance prepared the CAFR. 2. What is the length of the CAFR? The Length of the CAFR is 307 pages. 3. Describe briefly the form of government for The Metropolitan Government of Nashville and Davidson County
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resources used. The principle of accountability requires that the local, state and federal governments report and answer to the citizens, and by doing this the governments need to justify the raising of public resources and the purposes for which the resources raised are used. There are three different governing boards that establish accounting principles, standards and rules on how to recognize and report accounting related transactions. There is the FASAB, which stands for Federal Accounting Standards
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Comprehensive Annual Financial Report Briefing: Each year the Los Angeles County Office of Education issues a Comprehensive Annual Financial Report (CAFR). The most recent report as the 2012 that was created by Alexander Cherniss, Ed.D., Chief Business Officer, fiscal year ending June 30, 2012. Presently no boundary changes during the fiscal year. The purpose of this paper is to provide an overview of government accounting and reporting. Governmental Accounting and Reporting Budgeting and
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not-for-profits including governments is that businesses have profit as their main motive whereas the others have service. A primary purpose of financial reporting is to report on an entity’s accomplishments — how well it achieved its objectives. Accordingly, the financial statements of businesses measure profitability, their key objective. Financial reports of governments and other not-for-profits should not focus on profitability, since it is not a relevant objective. Ideally, therefore, they should focus on
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Analysis of Spectris plc Annual Report and Accounts 2010 Introduction Spectris plc is a public limited company located in the UK, and is a world leading suppliers of precision instrumentation and controls, which helps customers all over the world improve product quality and manufacturers make large advantage of materials, increase speed of production and reduce time to enter into market. It began to be listed on London Stock Exchange on 2008 and now is one of the members in FTSE 250(Wiki, 2011)
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FROM: SUBJECT: CITY OF DENVER CO, CAFR, ANALYSIS OF MD&A DATE: The following memo highlights 4 interesting aspects of the Comprehensive Annual Financial Report of the City of Seattle Washington for Calendar Year January 1st – December 31st 2009. The complete report can be found following this link: http://www.seattle.gov/cafrs/2009/default.htm 1. On page #2 (and on the relevant statements on pages 10 and 11) of the Management’s Discussion and Analysis, it is noted that the fund financial statements
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Income Statement 5 4. Analysis of Profitability and Growth 8 4.1 Analysis of Profitability 8 4.1.1 First level decomposition of ROCE 9 4.1.2 Second level decomposition of ROCE 10 4.1.3 Third level decomposition of ROCE 10 5. Analysis of Growth 9 6. Conclusion 10 1. Introduction The report intends to do financial statement analysis, financial projection and valuation of Gemini Sea Food LTD as a requirement of the course. To compare financials results and analysis tools Rangpur Diary
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The inclusive dates for the fiscal year for the Comprehensive Annual Financial Report (CAFR) for the City of San Francisco, CA are 2010-11. The independent auditor for San Francisco’s CAFR is Macia Gini & O’Connell LLP (MGO) located at 505 14th Street in Oakland, California. The auditor states that their audit was in accordance with auditing standards generally accepted in the United States of America. Those statements require the planning and performing of the audit to obtain reasonable assurance
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1 Introductory Section Yes, it defines the governmental reporting entity and the primary government is The Lansing Building Authority. Component unites are The Lansing Entertainment & Public Facilities Authority, Tax Increment Finance Authority, the Smart Zone, and the Brownfield Redevelopment Authority Yes, the introductory section discusses the financial condition of the reporting entity at the balance sheet date. Yes, it discuss the most significant changes in financial condition occurred
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| CAFR PROJECT | Review of the City of Monmouth Oregon’s CAFR | | [Type the author name] | [Pick the date] | Comprehensive Annual Financial Report (CAFR) Governmental Accounting Assignment. | Review of the City of Monmouth Oregon’s CAFR This document consists of a brief overview of the City of Monmouth Oregon’s Comprehensive Financial Report (CAFR) for year ending June 30th, 2005. CAFR Table of Contents At the beginning of Monmouth’s CAFR, after the title page, a table of contents
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