Internet exercise governmental audit reports go to the


Question: Internet Exercise: Governmental Audit Reports. Go to the website of the town where you reside and find the Comprehensive Annual Financial Report (CAFR). Find and print the auditor's report. Warning: Be careful! CAFRs can be more than 100 pages, so make certain you're printing only the auditor's report.

Required: a. Who audited the financial statements in the CAFR?

b. How does the auditor's report compare to the three-paragraph standard report used when auditing for-profit companies' financial statements?

c. What additional paragraphs were added to the report?

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Accounting Basics: Internet exercise governmental audit reports go to the
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