
Get the free Annual Comprehensive Financial Report - UConn Health
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State of Connecticut
2023Annual Report of Longer Care Facility
Cost Year 2023
Name of Facility (as licensed)
Bloomfield Health Care Center of CT, LLC
Address (No. & Street, City, State, Zip Code)
335
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02
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What is annual comprehensive financial report?
An annual comprehensive financial report (ACFR) is a detailed presentation of a government's financial condition, including its financial statements, notes, and required supplementary information, aimed at providing a complete and transparent overview of the government's financial activities.
Who is required to file annual comprehensive financial report?
Typically, state and local governments, as well as certain not-for-profit organizations that receive public funding, are required to file an annual comprehensive financial report to ensure transparency and accountability in the use of public funds.
How to fill out annual comprehensive financial report?
To fill out an ACFR, entities must gather financial data, prepare financial statements according to generally accepted accounting principles (GAAP), include necessary disclosures, and compile the information into a standardized format that may include sections like the management discussion and analysis, financial statements, and notes.
What is the purpose of annual comprehensive financial report?
The purpose of an ACFR is to provide a comprehensive overview of a government’s financial position and operations, enhance transparency and accountability, inform stakeholders, and assist policymakers in decision-making.
What information must be reported on annual comprehensive financial report?
An ACFR must include the government-wide financial statements, fund financial statements, management’s discussion and analysis (MD&A), notes to the financial statements, and any required supplementary information.
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