Financial Statement Analysis and Excel file are required showing the calculations for the ratio analysis of 3 Comprehensive Annual Financial Reports (CAFRs) for the years 2020, 2019, and 2018 for a city mid-size city. Must include the following 6 sections.

1. Effective examination and analysis of auditor's opinion
 2. balance sheet
3. activity statement
4. cash flow statement
5. statement of functional expenses and accompanying notes
6. use of ratio analysis

Answer rating: 100% (QA)

A comprehensive annual financial report is a financial statement released by public sector entities or government agencies This financial report contains information relating to capital receipts expen... View the full answer