Accrual and Modified Accrual Basis of Accounting
Submit your responses to the following questions in a 1-2 page summary MSWord document. Label each question clearly. For written answers please make sure your responses are well written use
http://csuglobal.blackboard.com/bbcswebdav/pid-443760-dt-content-rid-3403141_5/xid-3403141_5APA formatting and have the proper citation if needed.
How does the modified accrual basis of accounting differ from the accrual basis?
What are the three sections of a comprehensive annual financial report (CAFR)? What information is contained in each section? How do the minimum requirements for general purpose external financial reporting related in scope to the CAFR?
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