CAFR

CAFR

CAFR

First, what a CAFR? A CAFR (Comprehensive Annual Financial Report) is a comprehensive accounting of government "net worth". The CAFR has been established that the registration of local government a full accounting from 1946 through the efforts of a private group located in Chicago, IL under the name of the Association of Government Finance Officers (GFOA) http:/ / gfoa.org and became mandatory by federal obligations of all local governments in 1978 to complete if they are not all prepared to do.

When do we usually start preparing CAFR?

A CAFR is similar to the annual financial report (AFR) that listed companies must make ...