ACC 410 Financial Reporting Revi

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ACC 410 Week 4 Assignment Financial Reporting Review of Local Government

ACC 410 Week 4 Assignment Financial Reporting Review of Local Government
Essay • 7 pages • 2023

Week 4 - Assignment: Financial Reporting Review of Local Government Overview The Governmental Accounting Standards Board (GASB) has established accountability as the cornerstone of financial reporting for governments. Accountability, as defined by GASB, includes budgetary and fiscal compliance. In this assignment, you will explore a local government's Annual Comprehensive Financial Report (ACFR) for the elements of the ACFR and how those elements are incorporated by a local government.Your pr...