Analyze financial data of two government organizations-Luis County and Green County-in order to create financial statements.
Part 1: Statement of Cash Flow for Enterprise Fund
Download and analyze the Luis County financial data from the perspective of internal accountant. When you have completed your review of the data, provide the following and submit your work in a single Word document (including Part 2):
Statement of Cash Flow for the Enterprise Fund for Luis County for 2010
Search the Internet to access the Comprehensive Annual Financial Report (CAFR) of an actual county that has an Enterprise Fund. Write a brief analysis (150-300 words) of the similarities and differences of the county's Statement of Cash Flow for the Enterprise Fund with the one you created for this Application. Include any other matters that might come to your attention as you compare the statements.
Part 2: Financial Statements and Closing Entries for Pension Trust Funds
Download the Green County financial data and when you have completed your review, provide the following and submit your work in a single Word document (including Part 1):
Statement of Changes in Plan Assets for Green County's Pension Trust Fund for 2010
Plan Assets for Green County's Pension Trust Fund for 2010
Closing entries for Green County's Pension Trust Fund for 2010
Search the Internet to access the financial data of an actual county that has Pension Trust Fund. Write a brief analysis (150-300 words) of the similarities and differences of the county's financial statements and closing entries of the fund, with the one you created for this Application. Include any other matters that might come to your attention as you compare the statements.