Comprehensive Annual Briefing

ecumenical Annual Financial Report Briefing ? The countrywide Annual Financial Report (CAFR) is a organizational favorable units comprehensive chronicle breed that shows the pecuniary localize and the performance in operation. The Mental wellness rung revolve around of Harris County is a g everyplacenmental entity providing Mental Health (MH) and Mental Retardation (MR) services for the residents of Harris County. These services are intentional for those persons who can be effectively treated in their feature community and do not require long-term institutional care. Within this CAFR in that location are 126 pages, and will provides detailed statements and wealth statistical selective information on its jurisdiction. This report will provide the board members, consumers, family members, elect officials, and other interested parties with any detailed information that involves the monetary conditions and activities of this organization. (Schnee 2009) Included in this briefing the comparison of governmental chronicle and for derive financial invoice will be discussed and how to study the government account and reporting entity. Also an overview of how Management watchword and Analysis reports for the pass on of Texas.

Differences and comparison of government business relationship and for meshing financial accounting The (CAFR) will require statistical evaluation, whereas for profit accounting does not, the government budget statement is for a specific group agencies over the certain time frame of an annual financial period. The differences that the governme ntal accounting of the for profit financial ! accounting they have polar purposes processes of generated revenue, stakeholders, budgetary obligations, and longevity. The differences separate accounting and financial reporting standards in decree to provide information to march the needs of the stakeholders to prise government accountability to make political, social, and economic decisions. (GASB 2003) Government accounting environments use their...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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