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https://doa.alaska.gov/dof/reports/resource/2023acfr.pdf
For example, if I ask:
Has the government prepared statements in compliance with the GASBS 34 financial reporting model? Explain.
A good answer would look something like this:
Yes, the State of Alaska’s FY21 ACFR is prepared in compliance with GASBS 34. The ACFR includes Introductory, Financial, and Statistical Sections. In addition, the ACFR includes a transmittal letter to Governor Michael Dunleavy (p. i), an Independent Auditor’s Report (pp. 3-7), and a Management’s Discussion and Analysis (pp. 9-18). The financial statements include both government-wide (pp. 21-24) and fund statements (pp. 27-49) that contain, when appropriate, reconciliation to the government-wide statements.
Please provide answers in complete sentences. Answers that include only Yes, No, or just a dollar amount will not receive credit.
General Long-term Liabilities
Disclosure of Long-term Debt
1. Does the ACFR contain evidence that the government has general long-term liabilities? What evidence is there?
2. Does the ACFR report specify that no such debt is outstanding, or does it include a list of outstanding tax-supported debt issues; capital lease obligations; claims, judgments, and compensated absence payments to be made in future years?
Changes in Long-term Liabilities
1. How are changes in long-term liabilities during the year disclosed? Is there a disclosure schedule for long-term liabilities similar to Illustration 6-1?
2. Does the information in that schedule agree with the statements presented for capital project funds and government-wide financial statements?
3. Does the ACFR contain information as to the legal debt limit and legal debt margin? Explain.
Do you need this or any other assignment done for you from scratch?
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NB: We do not resell your papers. Upon ordering, we do an original paper exclusively for you.
NB: All your data is kept safe from the public.