1. Government-wide Statements.What are the titles of the two government-wide statements?
2. Governmental Funds Does the report state the basis of accounting used for the General Fund? 3. Identify which of the major funds, if applicable, are special revenue funds, debt service funds, capital projects funds, and permanent funds Permanent funds may are special revenue funds.
CAFR CORPORATION 7 Are you able to determine which funds are considered non major? (Hint: look for supplementary information.) Fiduciary funds are considered to be non-major What fund balance categories are being used? Working capital fund and enterprise fund 4. Proprietary Funds List the names of the proprietary fund types included in the financial statements . Working capital fund and enterprise fund Do the financial statements provide evidence that all proprietary funds use accrual accounting? The financial statements provide sufficient evidence that all proprietary funds use accrual accounting. 5. Fiduciary Funds List the names of the fiduciary funds included in the fund financial statements. Pension trust fund i.e. retirement systems for Miami Beach employees, firefighters and police officers, policemen’s relief and pension fund ,firemen’s relief and pension fund and post employee benefits other than pension.
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- Fall '14
- Balance Sheet, Generally Accepted Accounting Principles, CAFR, CAFR CORPORATION