Write a brief paper on the cafr and a separate paper on nfp

Assignment Help Accounting Basics
Reference no: EM131328771

Assignment

https://990s.foundationcenter.org/990_pdf_archive/522/522345144/522345144_201412_990.pdf?_ga=1.64191599.1553211607.1477880190 ( A wider circle NFP)

https://awidercircle.org/wp-content/uploads/A-Wider-Circles-2015-audit.pdf (NFP-A wider circle audit)

https://www.collegeparkmd.gov/document_center/Finance/CAFR/FY2015CAFR.pdf (City of College Park, Md-CAFR Government Entity).

For this assignment, you will select a CAFR (Comprehensive Annual Financial Report) from a municipality in your area. You will also select an NFP (Not for Profit) entity and the related IRS form 990. You will write a paper on the CAFR and a separate on the NFP. Relate topics from our class discussions to your entity. Discussion postings should assist you in completing your deliverables. Power Point presentations based on each paper will be prepared and posted in the class discussions for discussion and comments.

Both the CAFR analysis and the NFP analysis enable you to demonstrate your comprehension of the course subject matter and your ability to communicate effectively in writing. You are to analyze and evaluate the effectiveness of 1) a governmental entity and 2) a not-for-profit organization of your choosing. You will need to identify each organization's mission statement and then describe the extent to which the mission is being accomplished. You will need to identify criteria for the evaluation of the mission statement, measure achievement using these criteria, and offer a conclusion on the evidence presented.

CAFR and NFP - Papers or CCR reports; Power Points

1. Select a CAFR from a municipality in your area. Present it in a discussion for approval.

2. Select an NFP statement or an IRS form 990. The www.foundationcenter.org web site will be helpful to locate the most recently available form 990. Present it in a discussion for approval.

3. Write a brief paper on the CAFR and a separate paper on the NFP. Relate topics from our textbook to your entity. Our discussion postings should assist you in completing your deliverables. The CAFR is your main resource for your government entity and the form 990 is the resource for your NFP. A paper should be three to four pages, single spaced. You may add graphics from your source document but limit this to no more than 50% of your space (i.e. a four page paper with no more than two pages of graphics, total.

4. Prepare a Power Point presentation (CCR: templates and guidance at www.agacgfm.org ) based on each paper to post in our discussion in week 8 for discussion and comments. Submit only the papers in the assignment folders. The Power Point presentations (or the CCR) will be posted initially only in the discussion. Note the separate due dates for each item: the CAFR paper, the NFP paper, and the two Power Point presentations (or CCR). This is a total of 4 documents, 2 for the municipality and 2 for the NFP. Your municipality may be at the local or state level. After the discussion you should submit your CAFR and NFP Power Point presentations. For this reason you will find four separate items in the assignment folder: CAFR_Paper; NFP_Paper; cafr Presentation; nfp Presentation. * The presentation should be no more than 10 slides.

** All documents for our class require a Works Cited Page. A paper also requires APA format for citations in text.

5. Each paper (CAFR and / or NFP) should be three to four pages in length plus the works cited page. Relate topics from our textbook to your entity. Our discussion postings should assist you in completing your deliverables.

6. The entities you select, for the CAFR and the NFP analysis, must be new to you. That is, you must not have used them in a previous class.

7. Four deliverables:

1. Government Entity CCR or paper

2. Government Entity Power Point presentation (post in discussion for peer review; then post final version in assignment folder for grading based on due dates)

3. NFP Entity CCR or paper

4. NFP Entity Power Point presentation (post in discussion for peer review; then post final version in assignment folder for grading based on due dates)

Reference no: EM131328771

Questions Cloud

Which company is likely to have higher financial leverage : Solver Group is a global leader in the Biotechnology industry. Aants is an airline which operates globally. Both Solver and Aants are based in Australia. Which company is more likely to have higher financial leverage?
Submit the financial section of the business plan : Submit the Financial Section of the Business Plan. Your submission should include the following sections/pages: 1. Your start up costs 2. Start up costs assumptions 3. First year costs by month 4. Assumptions for first year costs 5. Years 2 and 3 cos..
Calculate the standard deviation in the estimated payment : Referring back to the Texas Department of Insurance data on closed claims for medical malpractice liability insurance presented in Problem 5, we wish to see if medical malpractice was more risky to the insurer during the 1998–2001 period than it was ..
How did employees deal with the consumer : How did employees deal with the consumer? Ask two friends about ways that they've been affected by consumer misbehavior. Share their examples. How are your experiences similar? Different
Write a brief paper on the cafr and a separate paper on nfp : Write a brief paper on the CAFR and a separate paper on the NFP. Relate topics from our textbook to your entity. Our discussion postings should assist you in completing your deliverables.
Trade-off theory point to an optimal capital structure : A project requires $428,000 of equipment that is classified as seven-year property. What is the depreciation expense in Year 3 given the following MACRS depreciation allowances, starting with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and ..
Contact an estate planning attorney : Larry has expanded his business. When he met with his accountant at the end of the year, he learned that his total assets are in excess to $1million. His accountant asked Larry if he had a will, and Larry said he had been too busy to develop one. His..
Determine the value of the european put : A stock is now selling for $100. Each month it will either increase or decrease in value by 10% (u = 1.1, d = 0.9). The riskless rate with annual compounding is 12.682503% per year. Note that 1.12682503 = 1.0112. Draw the tree of values for the stock..
Prepare the journal entry for income taxes : Prepare the journal entry for income taxes. Post all adjusting entries. Prepare 2014's income statement. Assume that bad debt expense and depreciation expense are administrative expenses.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The most popular way for international expansion is for a

the most popular way for international expansion is for a local firm to acquire foreign companies. one of the most

  Significant regulations and guidelines related to audits

Write an engagement letter for Apollo Shoes. Assume that Apollo Shoes is a publicly traded company and that they have asked for SOX Section 404 consulting. Include the following key points:

  Distinction between perpetual and periodic inventory systems

What is the main distinction between perpetual and periodic inventory systems? Which type of system provides better internal control over inventory? Explain why.

  Introduction to statement of cash flows

Discount Sales sells some used store fixtures. The acquisition cost of the fixtures is $12,500, the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $4,500.The value of this transaction in the Inv..

  Paddle away sold 400 of those kayaks for 250 each - 100

our company paddle away began operations on 1-1-12 and the year ended on 12-31-12. we buy kayaks and sell them in a

  Types of assets intel owns

Describe the types of assets Intel owns. Which assets are most significant to the company? Using the notes to the financial statements, discuss the accounting methods used to value assets.

  Explain the recording process and the accounting equation

Explain the recording process and the accounting equation to someone who has no accounting experience. Then, give your opinion on the elements or areas that might cause the most confusion or be the most difficult to grasp.

  How would moving to a single shared database

How would moving to a single shared database, used by all applications, address the concerns that Forrester lists as dangers of poor integration?

  Jackpot mining company operates a copper mine

Compute depletion and depreciation on the mine and mining equipment for 2011 and 2012. The units-of-production method is used to calculate depreciation.

  Debit memorandum for bank services

Enclosed with the July statement is a $14 debit memorandum for bank services. It has not yet been recorded because no previous notification had been received.

  Caleb company uses the retail inventory method to determine

caleb company uses the retail inventory method to determine inventory cost for financial reporting purposes. they have

  Springbok corporation

Springbok Corporation

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd