Profit and Not for Profit Accounting

Obtain a copy of a Comprehensive Annual Financial Report (CAFR) for a state or local government for which you would have an interest. Answer the following questions regarding that report:

• What information is included?
• Is there any information that you find particularly interesting or unique to this entity?
• What do you consider to be the most useful statistical information, and why?
• Overall, do you feel that this section allows you to better understand the financial status of the governmental entity, or do you feel the information is marginal and should be eliminated?

Use APA style in the body of your posting, as well as in the reference section.

In your own words, post a substantive response to the Discussion Board question(s) and comment on other postings. Your response should address the DB question(s) and move the conversation forward. You will be graded on the quality of your postings, including mastery of the concept as well as critical thinking. If asked for your opinion, do not simply state that it is a good or bad idea; elaborate on your reasons and argument. Include enough detail to substantiate your thinking as well as your position on the questions or comments.

For assistance with your assignment, please use your text, Web resources, and all course materials.