ACC 548 Week 4 Permanent and Fiduciary Funds
Review the CAFR obtained in Week One. Review the types of
fiduciary funds used by the government entity.
Prepare a new Power
Point presentation for the new Board members.
The presentation should be between 8 to 10 slides and include the
following:
A description of the purpose, types, and characteristics of
fiduciary funds.
A description of the purpose of a permanent fund and how it
differs from fiduciary funds.
A list and description of the fiduciary (trusts and agency)
funds that your entity actually uses, including the dollar amount of each fund.
An explanation of the purpose and components of the Comprehensive
Annual Financial Report (CAFR)
Complete the following exercises from Government and Not-for-Profit Organizations:
E10-3
E10-4
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