What statements and schedules pertaining to the general


Examine the CAFR.
General Fund. Answer the following questions.

(1) What statements and schedules pertaining to the General Fund are presented?

(2) What purpose is each statement and schedule intended to serve?

(3) Are any noncurrent or nonliquid assets included in the General Fund balance sheet? If so, are they offset by equal amounts classified as "nonspendable" fund balances?

(4) Are any noncurrent liabilities included in the General Fund balance sheet? If so, describe them.

(5) Are revenue classifications sufficiently detailed to be meaningful?

(6) Has the government refrained from reporting expenses rather than expenditures?

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Accounting Basics: What statements and schedules pertaining to the general
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