Option 2: Internet Case—Citizen-Centric Reporting

Although citizens should be concerned about the performance of government, in truth, few citizens typically review the financial information provided by their government. In part, this is due to the complexity of reports such as the comprehensive annual financial reports (CAFR).  The Association of Government Accountants (AGA) may have a potential solution to the lack of citizens’ involvement in assessment of their government.  To complete this case, refer to the AGA Web site at www.agacgfm.org.  Once at the Web site, look for Citizen-Centric Reporting under the Performance & accountability button.

Required:

1. Prepare a paper on Citizen-Centric Reporting.  In your paper, discuss the purpose of Citizen-Centric Reporting, why you believe such reports are necessary, and what the AGA recommends as the format and content of the report. 
2. After reviewing a Citizen-Centric Report found through your research, provide your opinion on whether you believe the format and content of the report you reviewed meet the intended purposes of Citizen-Centric Reports. (Links to government sites with Citizen-Centric reports are available through the AGA Web site.)

Submit your responses to the requirements found in the opening paragraph of the assignment in a 2 page document in MSWord. Label each question clearly. For Drag computations, please include them in a table . include 2 references