Wide-Ranging Annual Financial Report Presentation

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WIDE-RANGING ANNUAL FINANCIALREPORT PRESENTATION

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AN 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.

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A VIEW OVER THE BASIC FINANCIAL STATEMENTSGovernment-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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