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ACC 548 Week 1 Individual Assignment Comprehensive Annual Financial Report

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ACC 548 Week 1 Individual Assignment Comprehensive Annual Financial Report Briefing You are working as an accountant for the government, and you have newly elected board members who are businesspeople from the community. You need to prepare an overview of government accounting to brief the new members. Select a Comprehensive Annual Financial Report (CAFR) for a government entity of your choice, preferably a community in which you live. Include a comparison of governmental accounting with for-profit financial accounting. Describe the government reporting and reporting entity, and evaluate the Management Discussion & Analysis (MD&A) section for the governmental reporting unit. Write an overview of 1,050 to 1,400 words and submit it as a Microsoft® Word document. You must use an abstract. However a running head and conclusion are optional. Format your overview according to APA standards.

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