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Get the free 2017 Comprehensive Annual Financial Report - City of Lynchburg

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City of Lynchburg Procurement Division 900 Church Street Lynchburg, Virginia 24504 Telephone No.: (434) 4553970 Fax No.: (434) 8450711 Addendum No. 2 Request for Proposal #2017053 BUILDING ASSESSMENTS
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Step 1: Gather all financial documents from the year 2017, including income statements, balance sheets, and cash flow statements.
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Step 2: Organize the financial documents in a logical order, such as by month or quarter.
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Step 3: Review the financial documents to ensure they are accurate and complete.
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Step 4: Input the financial information into the appropriate sections of the comprehensive annual financial report template.
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Step 5: Double-check all calculations and ensure the report is formatted correctly.
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A comprehensive annual financial report is a detailed report of a government entity's financial activities and position for a specific fiscal year.
Government entities are required to file comprehensive annual financial reports.
Comprehensive annual financial reports are typically filled out by the finance department or comptroller's office of a government entity following accounting standards and guidelines.
The purpose of a comprehensive annual financial report is to provide transparency and accountability of a government entity's financial status to stakeholders and the public.
Information such as financial statements, auditor's reports, management discussion and analysis, and notes to the financial statements must be reported on a comprehensive annual financial report.
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