My (Comprehensive Annual Financial Report) is on the Entire STATE OF MAYLAND!
https://www.marylandtaxes.gov/forms/CAFR/cafr2019.pdf
Review:
Accounting Manual for Public School Districts in the State of Washington: https://www.k12.wa.us/policy-funding/school-apportionment/instructions-and-tools/accounting-manual
Review Chapter 3 – Accounting Guidelines
Review Chapter 4 – General Ledger Accounts
Review Chapter 6 – Expenditure Accounts
Learn more about GASB 34 by accessing the link:
https://www.gasb.org/jsp/GASB/Page/GASBLandingPage&cid=1175804799014
Source:https://www.k12.wa.us/policy-funding/school-apportionment/instructions-and-tools/accounting-manual
PLEASE ANSWER QUESTIONS COMPLETELY !!!!!!!!!
Proprietary Funds
(1) How many major enterprise funds does the entity maintain (if any)?
(2) Are all the major enterprise funds operating at a profit (Operating Income)?
(3) Does the entity maintain any internal service funds (major and/or nonmajor)?
(4) Do the financial statements include a statement of cash flows for proprietary funds? If so, is the direct method or indirect method used?
Fiduciary Funds
(1) There are four types of fiduciary funds. Does this entity maintain all four types?
(2) What are the purposes of the entity’s fiduciary funds?
Other
(1) What is the financial condition of the government you selected?
For example, compare current revenues and expenses with the prior year.
Compare the budgeted amounts with the actual amounts.
Also, look for key issues addressed in the “Management’s Discussion and Analysis” section of the CAFR. What do you see that is particularly noteworthy.
