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28 Sep 2019
P15-1
(Notes to the Financial Statements) Obtain a recent CAFR or theBasic Financial Statements of a state or local government(SLG).
Required
Study the Basic Financial Statements and related notes, make acopy of or prepare a table of contents to the notes, and answer thefollowing questions from a note disclosure perspective:
1.What information can one learn about the state or localgovernment from the notes that is not apparent from the face of thefinancial statements?
2.Pretend there were no notes. To what extent would the BasicFinancial Statements be less useful? Why?
3.Which notes did you find the most interesting and useful?Why?
4.Which notes did you consider less useful? Why?
P15-1
(Notes to the Financial Statements) Obtain a recent CAFR or theBasic Financial Statements of a state or local government(SLG).
Required
Study the Basic Financial Statements and related notes, make acopy of or prepare a table of contents to the notes, and answer thefollowing questions from a note disclosure perspective:
1.What information can one learn about the state or localgovernment from the notes that is not apparent from the face of thefinancial statements?
2.Pretend there were no notes. To what extent would the BasicFinancial Statements be less useful? Why?
3.Which notes did you find the most interesting and useful?Why?
4.Which notes did you consider less useful? Why?
Bunny GreenfelderLv2
28 Sep 2019