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SAMPLE GAAP CITY INDEPENDENT AUDITORS REPORTS BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION SCHEDULE OF FINDINGS AND QUESTIONED COSTS JUNE 30, 2013, Office of AUDITOR OF STATE Capitol Building
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Calculate and record any accrued revenues or expenses that have been earned or incurred but not yet received or paid.
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City officials and administrators who are responsible for managing the city's finances and ensuring compliance with financial regulations.
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What is city audit - accrual?
City audit - accrual is a financial report that shows the city's financial position at the end of a particular period, typically at the end of a fiscal year.
Who is required to file city audit - accrual?
City governments and municipalities are typically required to file city audit - accrual.
How to fill out city audit - accrual?
City audit - accrual is usually filled out by certified public accountants who have expertise in government accounting.
What is the purpose of city audit - accrual?
The purpose of city audit - accrual is to provide an accurate representation of the city's financial health and to ensure compliance with financial regulations.
What information must be reported on city audit - accrual?
City audit - accrual typically includes information on the city's assets, liabilities, revenues, and expenses.
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