Accounting

CAFR: Do some research and findfinancial statements for a state or local government or you can use the websitefrom Ex: 1-1 on page 15. Look at the Introductory Section:Does the report discuss the most significant change in financial condition thatoccurred during the year?  Does it tell you about the changes to expect inthe financial condition over the next year/s? Go to theFinancial Section: Does the CAFR contain the 2government wide financial statements and the seven fund statements and requiredreconciliation?  What about the Notes to theFinancial Statements.  Doyou see anything of interest or concern to you?  Post the financialstatement along with your comments. Be sure to note your sources in APA format.

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