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What is required in a CAFR report?

The CAFR consists of three sections: Introductory, Financial and Statistical. The Introductory section orients and guides the reader through the report. The Financial section presents the entitys basic financial statements as well as notes to the statements and the independent auditors report.

What is the difference between what you see in the ACFR and what you see in a corporate report?

A regular annual report typically presents only basic financial statements about the government. An ACFR, by contrast, presents a wider variety of important information intended to help the reader properly understand the basic statements.

What is pafr?

Popular Annual Financial Report (PAFR)

What is the purpose of an annual report?

What is an Annual Report? An annual report is a comprehensive report detailing a companys activities throughout the preceding year. Its purpose is to provide users, such as shareholders or potential investors, with information about the companys operations and financial performance.

What is included in a Comprehensive Annual Financial Report?

It is composed of three sections: Introductory, Financial and Statistical. It combines the financial information of fund accounting and Enterprise Authorities accounting.

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