Comprehensive Annual Financial Report Briefing Abstract The City of Detroit‚ founded in 1701‚ and incorporated in 1806‚ is in Wayne County‚ State of Michigan. Detroit is on an international waterway‚ which connects by means of the St. Lawrence Seaway to seaports around the world. Existing as the largest city in the State of Michigan‚ Detroit is notorious for its tradition in automotive and is a colloquialism for the automobile industry in the United States. Detroit is also known for its popular
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Comprehensive Annual Financial Report Briefing Not- For- Profit &Government Accounting Comprehensive Annual Financial Report Briefing The Village of Tinley Park‚ is located in Cook County‚ Illinois‚ was entered in 1892 under the provisions of the constitution and general statutes of Illinois. The Village operates under government of the trustee-village and provides many services including planning‚ public safety‚ zoning‚ roads‚ and general administrative services (Tinley Park‚ 2009)
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Comprehensive Annual Financial Report Briefing: Each year the State of Nevada issues the Comprehensive Annual Financial Report (CAFR). The most recent being the 2011 report that was issued by Kim R. Wallin‚ the State Controller‚ for the fiscal year ending June 30‚ 2011. In recent elections‚ there have been some additions to the Nevada elected board members. The purpose of this paper is to provide an overview of government accounting and reporting‚ and to introduce the Nevada CAFR to the newly
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Comprehensive Annual Financial Report Tyies Wells ACC/548 June 27‚ 2010 William J. Carter III‚ MSA Comprehensive Annual Financial Report The Office of Financial Management provides vital information‚ fiscal services and policy support that the Governor‚ Legislature and state agencies need to serve the people of Washington State (Investopedia‚ 2010). Included in this briefing‚ a comparison of the governmental and for-profit financial accounting will be discussed‚ an understanding
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Though we often think of the field of accounting as a single discipline‚ there are‚ in fact‚ several specialties that are practiced. These include financial accounting‚ managerial accounting‚ tax accounting‚ cost accounting‚ international accounting and social accounting‚ among others. Of these‚ the former two classes of accounting are the most common. This paper will explore the key differences between financial and managerial accounting and discuss some of the standards of ethical conduct placed
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Analysis of Comprehensive Annual Financial Report Table of Content I. Abstract II. Introduction III. Introductory analysis & GFOA Award IV. Financial Analysis V. Financial standing VI. Conclusion VII. References Abstract Comprehensive Annual Financial Report (CAFR) is a report used by cities‚ and local governments to provide the public with their financial records each year‚ while adhering to government accounting standards board (GASB) guidelines. The report presents
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Michigan’s Comprehensive Annual Financial Report Governments and not-for–profit organizations prepare financial statement just as businesses making a profit. The financial reports governments and nonprofit organizations use is a comprehensive annual financial report (CAFR). Both annual reports contain similar information such as management’s discussion and analysis and financial statements. The CAFR includes varies other information concerning the governmental structure‚ budget‚ population‚ and
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Faculty of Creative Industries and Business Department of Accounting and Finance Bachelor of Business ACTY 7201 - ADVANCED FINANCIAL ACCOUNTING Report Semester: Semester 2‚ 2014 Date issued: Monday 4 August 2014 Due time and date: 1.00pm Wednesday 8 October 2014 Delivery: Submission is through the assignment box on level 3 of Building 180 along with a soft copy submitted to Turnitin Total marks: 60 Weighting: 20% Instructions: Copy and complete this cover sheet and
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Abstract The purpose of this essay is to illustrate the complexity meanings of financial reporting reflect the reality and it can be the creator of social reality. Financial reporting should have an objective “truth” and “fair” view and prepare a faithful presentation for shareholders to deal with the investment. Accounting theory need to continuous change its standards or models in order to meet the future needs. This easy also discuss this statement which relate to the sustainability issues
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APRIL 2011‚ Q 1 (B) – Answer KASTURI Bhd Statement of Comprehensive Income for the year ended 31 March 2011 | | Notes | RM’000 | | Turnover (600‚000 – error 5‚000) | 2 | 595‚000 | | Cost of sales (408‚000 + dep:LP 5‚000 + dep:PPE 19‚200) | | (432‚200) | | Gross Profit | | 162‚800 | | | | | | Distribution cost | | (29‚000) | W1 | Administrative expenses | | (43‚900) | W2 | Other operating expenses | | (15‚600) | | Profit from operations | | 74‚300 | | Finance
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