Please use intext citation and have a reference page. Discus

Please use intext citation and have a reference page. Discussion: Analyzing Financial ReportsFinancial reports tell the story of an organizationwithin a fiscal year. Annual financial reports are extremely valuable togovernment organizations because they give both the administrators inthe organization and the public who are funding the organization a senseof where revenue is going.In this Discussion, you analyze an organization’scomprehensive annual financial report (CAFR) and explain its value tothe organization.Review this week’s Learning Resources and reflect onthe responsibility of government organizations to provide accuratefinancial reports to the public. Then, select a public organization and aspecific CAFR from the selected organization. Public organizationbudgets are required by law to be available. An Internet search willyield an annual budget for your specific organization.With these thoughts in mind:By Day 4Post a brief description of theorganization you selected. Then, provide an analysis of thatorganization’s CAFR. In your analysis, explain what the report tells thestakeholders of the organization and the value of the report to theorganization.Be sure to support your posting and responses with specific references to the Learning Resources.Learning Resources Required ReadingsMikesell, J. L. (2014). Fiscal administration: Analysis and applications for the public sector (9th ed.). Boston, MA: Wadsworth.Chapter 2, ‘The Logic of the Budget Process’ (pp. 38–83) Genito, M. (2013, February). Back to basics: An overview of governmental accounting and financial reporting. Retrieved from http://www.gfoa.org/sites/default/files/GFR_FEB_13_48.pdf Governmental Accounting Standards Board. (2014). Retrieved from http://www.gasb.org Internet Center for Management and Business Administration, Inc. (2010). Double-entry bookkeeping. Retrieved from http://www.quickmba.com/accounting/fin/double-entry

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