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Topic: Business
Number of pages / Number of words: 5 / 1267
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An individual with little knowledge of a government, who is familiar with the format, can pick up a CAFR and develop of a detailed picture of a SLG. Management's discussion and analysis (MD&A) provides the uniformed reader with a summary of pressing issues facing the SLG for the year. The Financial Section is very standardized between all governments and supporting information can be found in the required supplementary information, the notes, and the statistical section...


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The Financial Section is very standardized between all governments and supporting information can be found in the required supplementary information, the notes, and the statistical section.

Another strong suit of SLG reporting is the division of assets between specific types of funds provides a clear understanding of the government's intent for resources...


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