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COMPREHENSIVE ANNUAL FINANCIAL REPORT BALTIMORE COUNTY, MARYLAND FOR THE YEAR ENDED JUNE 30, 2019, TABLE OF CONTENTS I.INTRODUCTORY SECTION Letter of Transmittal Organizational Chart List of Principal

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What is comprehensive annual financial report?

A comprehensive annual financial report is a detailed report that provides information on the financial position and performance of an organization over the course of a year.

Who is required to file comprehensive annual financial report?

Public sector organizations, such as state and local governments, school districts, and other government entities, are typically required to file comprehensive annual financial reports.

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Comprehensive annual financial reports are typically filled out by the finance department or accounting team of an organization following specific guidelines and procedures set by accounting standards.

What is the purpose of comprehensive annual financial report?

The purpose of a comprehensive annual financial report is to provide stakeholders, such as investors, creditors, and the public, with an overview of an organization's financial health and performance.

What information must be reported on comprehensive annual financial report?

Comprehensive annual financial reports typically include information on the organization's assets, liabilities, revenues, expenses, and cash flows.

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