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THIS PRINT COVERS CALENDAR ITEM NO. 10.13 SAN FRANCISCO MUNICIPAL TRANSPORTATION AGENCY DIVISION: Finance and Information Technology BRIEF DESCRIPTION: Adopting the proposed federal fiscal years 20172019
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Prepare financial statements including balance sheet, income statement, cash flow statement, and statement of changes in equity.
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Annual comprehensive financial report is a detailed report that provides financial information about an organization's activities, financial performance, and financial position for a specific period of time.
Certain organizations such as publicly traded companies, government agencies, and non-profit organizations are required to file annual comprehensive financial reports.
Annual comprehensive financial report should be filled out by compiling all financial information, including balance sheets, income statements, cash flow statements, and notes to the financial statements.
The purpose of annual comprehensive financial report is to provide stakeholders with an overview of an organization's financial performance and position.
Information such as revenue, expenses, assets, liabilities, equity, cash flows, and any other relevant financial data must be reported on annual comprehensive financial report.
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