ACC 410- Government & Not for profit

Points: 240

Assignment 1: Financial Statement / Audit Report Review

Criteria

Unacceptable

Below 60% F

Meets Minimum Expectations

60-69% D

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A

1a. Compare and contrast the comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. In your comparison, include publication method of the CAFR.

Weight: 5%

Did not submit or incompletely compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Did not submit or incompletely included publication method of the CAFR.

Insufficiently compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Insufficiently included publication method of the CAFR.

Partially compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Partially included publication method of the CAFR.

Satisfactorily compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Satisfactorily included publication method of the CAFR.

Thoroughly compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Thoroughly included publication method of the CAFR.

1b. Compare and contrast the comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. In your comparison, include audit and budget information in the CAFR.

Weight: 5%

Did not submit or incompletely compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Did not submit or incompletely included audit and budget information in the CAFR.

Insufficiently compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Insufficiently included audit and budget information in the CAFR.

Partially compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Partially included audit and budget information in the CAFR.

Satisfactorily compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Satisfactorily included audit and budget information in the CAFR.

Thoroughly compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Thoroughly included audit and budget information in the CAFR.

1c. Compare and contrast the comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. In your comparison, include the type of audit report issued.

Weight: 5%

Did not submit or incompletely compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Did not submit or incompletely included the type of audit report issued.

Insufficiently compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Insufficiently included the type of audit report issued.

Partially compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Partially included the type of audit report issued.

Satisfactorily compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Satisfactorily included the type of audit report issued.

Thoroughly compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Thoroughly included the type of audit report issued.

1d. Compare and contrast the comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. In your comparison, includeexistence or non-existence of an internal audit function within the government entity.

Weight: 5%

Did not submit or incompletely compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Did not submit or incompletely includedexistence or non-existence of an internal audit function within the government entity.

Insufficiently compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Insufficiently includedexistence or non-existence of an internal audit function within the government entity.

Partially compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the report from Week 1 homework. Partially includedexistence or non-existence of an internal audit function within the government entity.

Satisfactorily compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Satisfactorily includedexistence or non-existence of an internal audit function within the government entity.

Thoroughly compared and contrasted comprehensive annual financial report (CAFR) of the selected local government entity with the  report from Week 1 homework. Thoroughly includedexistence or non-existence of an internal audit function within the government entity.

2. Prepare the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the  CAFR from chapter 2.

Weight: 20%

Did not submit or incompletely prepared the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the CAFR from chapter 2.

Insufficiently prepared the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the CAFR from chapter 2.

Partially prepared the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the CAFR from chapter 2.

Satisfactorily prepared the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the  CAFR from chapter 2.

Thoroughly prepared the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the CAFR from chapter 2.

3. Analyze the methods used by the selected local government entity in comparing the budget-to-actual reports. Your analysis should include an evaluation of the basis of accounting used for the budget and financial statements.

Weight: 20%

Did not submit or incompletely analyzed the methods used by the selected local government entity in comparing the budget-to-actual reports. Did not submit or incompletely included an evaluation of the basis of accounting used for the budget and financial statements.

Insufficiently analyzed the methods used by the selected local government entity in comparing the budget-to-actual reports. Insufficiently included an evaluation of the basis of accounting used for the budget and financial statements.

Partially analyzed the methods used by the selected local government entity in comparing the budget-to-actual reports. Partially included an evaluation of the basis of accounting used for the budget and financial statements.

Satisfactorily analyzed the methods used by the selected local government entity in comparing the budget-to-actual reports. Satisfactorily included an evaluation of the basis of accounting used for the budget and financial statements.

Thoroughly analyzed the methods used by the selected local government entity in comparing the budget-to-actual reports. Thoroughly included an evaluation of the basis of accounting used for the budget and financial statements.

4a. Analyze the sources of revenue on the selected local government. Your analysis should include information on both governmental and business-type activities of the government. In your report, be sure to examine property taxes and how they are accounted for.

Weight: 5%

Did not submit or incompletely analyzed the sources of revenue on the selected local government. Did not submit or incompletely included information on both governmental and business-type activities of the government. Did not submit or incompletely examined property taxes and how they are accounted for.

Insufficiently analyzed the sources of revenue on the selected local government. Insufficiently included information on both governmental and business-type activities of the government. Insufficiently examined property taxes and how they are accounted for.

Partially analyzed the sources of revenue on the selected local government. Partially included information on both governmental and business-type activities of the government. Partially examined property taxes and how they are accounted for.

Satisfactorily analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Satisfactorily examined property taxes and how they are accounted for.

Thoroughly analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Thoroughly examined property taxes and how they are accounted for.

4b. Analyze the sources of revenue on the selected local government. Your analysis should include information on both governmental and business-type activities of the government. In your report, be sure to examine other sources identified as primary revenue for the entity.

Weight: 5%

Did not submit or incompletely analyzed the sources of revenue on the selected local government. Did not submit or incompletely included information on both governmental and business-type activities of the government. Did not submit or incompletely examined other sources identified as primary revenue for the entity.

Insufficiently analyzed the sources of revenue on the selected local government. Insufficiently included information on both governmental and business-type activities of the government. Insufficiently examined other sources identified as primary revenue for the entity.

Partially analyzed the sources of revenue on the selected local government. Partially included information on both governmental and business-type activities of the government. Partially examined other sources identified as primary revenue for the entity.

Satisfactorily analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Satisfactorily examined other sources identified as primary revenue for the entity.

Thoroughly analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Thoroughly examined other sources identified as primary revenue for the entity.

4c. Analyze the sources of revenue on the selected local government. Your analysis should include information on both governmental and business-type activities of the government. In your report, be sure to examine deferred revenue.

Weight: 5%

Did not submit or incompletely analyzed the sources of revenue on the selected local government. Did not submit or incompletely included information on both governmental and business-type activities of the government. Did not submit or incompletely examined deferred revenue.

Insufficiently analyzed the sources of revenue on the selected local government. Insufficiently included information on both governmental and business-type activities of the government. Insufficiently examined deferred revenue.

Partially analyzed the sources of revenue on the selected local government. Partially included information on both governmental and business-type activities of the government.Partiallyexamined deferred revenue.

Satisfactorily analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Satisfactorily examined deferred revenue.

Thoroughly analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Thoroughly examined deferred revenue.

4d. Analyze the sources of revenue on the selected local government. Your analysis should include information on both governmental and business-type activities of the government. In your report, be sure to examine year-to-year variations in the tax levels of income.

Weight: 5%

Did not submit or incompletely analyzed the sources of revenue on the selected local government. Did not submit or incompletely included information on both governmental and business-type activities of the government. Did not submit or incompletely examined year-to-year variations in the tax levels of income.

Insufficiently analyzed the sources of revenue on the selected local government. Insufficiently included information on both governmental and business-type activities of the government. Insufficiently examined year-to-year variations in the tax levels of income.

Partially analyzed the sources of revenue on the selected local government. Partially included information on both governmental and business-type activities of the government.Partiallyexamined year-to-year variations in the tax levels of income.

Satisfactorily analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Satisfactorily examined year-to-year variations in the tax levels of income.

Thoroughly analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Thoroughly examined year-to-year variations in the tax levels of income.

4e. Analyze the sources of revenue on the selected local government. Your analysis should include information on both governmental and business-type activities of the government. In your report, be sure to examine various management discussion and analysis items of note.

Weight: 5%

Did not submit or incompletely analyzed the sources of revenue on the selected local government. Did not submit or incompletely included information on both governmental and business-type activities of the government. Did not submit or incompletely examinedvarious management discussion and analysis items of note.

Insufficiently analyzed the sources of revenue on the selected local government. Insufficiently included information on both governmental and business-type activities of the government. Insufficiently examinedvarious management discussion and analysis items of note.

Partially analyzed the sources of revenue on the selected local government. Partially included information on both governmental and business-type activities of the government.Partiallyexaminedvarious management discussion and analysis items of note.

Satisfactorily analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Satisfactorily examinedvarious management discussion and analysis items of note.

Thoroughly analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Thoroughly examinedvarious management discussion and analysis items of note.

4f. Analyze the sources of revenue on the selected local government. Your analysis should include information on both governmental and business-type activities of the government. In your report, be sure to examine information about the general fund.

Weight: 5%

Did not submit or incompletely analyzed the sources of revenue on the selected local government. Did not submit or incompletely included information on both governmental and business-type activities of the government. Did not submit or incompletely examined information about the general fund.

Insufficiently analyzed the sources of revenue on the selected local government. Insufficiently included information on both governmental and business-type activities of the government. Insufficiently examined information about the general fund.

Partially analyzed the sources of revenue on the selected local government. Partially included information on both governmental and business-type activities of the government.Partiallyexamined information about the general fund.

Satisfactorily analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Satisfactorily examined information about the general fund.

Thoroughly analyzed the sources of revenue on the selected local government. Satisfactorily included information on both governmental and business-type activities of the government. Thoroughly examined information about the general fund.

5. Clarity, writing mechanics, and formatting requirements

Weight: 10%

More than 8 errors present

7-8 errors present

5-6 errors present

3-4 errors present

0-2 errors present