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Wide-Ranging Annual Financial Report Presentation

This Project PPT explores the elements of a wide-ranging annual financial report.

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  1. Page 1

    Wide-Ranging Annual Financial Report Presentation, page 1WIDE-RANGING ANNUAL FINANCIALREPORT PRESENTATION

  2. Page 2

    Wide-Ranging Annual Financial Report Presentation, page 2

  3. Page 3

    Wide-Ranging Annual Financial Report Presentation, page 3AN OVERVIEW OFCAFRCOMPREHENSIVE YEARLY FINANCIAL REPORTThere are three major sections included in the CAFR.1.Introductory Section–In this section we get ideas about the CAFR, it’sbackground and about other achievement certificates and Letter ofTransmittal.2.Financial Section–Information on the Schedules, MD&A, and narratives,RSI, Basic Financial Statements and also about various funds.3.Statistical Section–Deals with Debt capacity, Operating Information alongwith the Revenue and Economy.

  4. Page 4

    Wide-Ranging Annual Financial Report Presentation, page 4A VIEW OVER THE BASIC FINANCIAL STATEMENTSGovernment-Wide (G-W) Financial proclamations❖Statement of Net Assets–gives information that covers reporting government.❖Statement of Activities–schemes from both government side and business side.Government Funds Financial proclamations❖Las Vegas’ the Balance Sheet❖On the basis of GAAP, the statement of Revenues, Expenditures, and alteration in City FundBalances.❖The Budget and Actual statement ofRevenues,expensesandamendment in Fund Balancesfor the year.

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