Basic understanding of governmental generally accepted accounting principles and familiarity with governmental Comprehensive Annual Financial reports (CAFRs).
Accounting and financial reporting professionals who are familiar with the contents of a CAFR and have prepared, or wish to be able to prepare, a Popular Annual Financial Report (PAFR).
GFOA encourages governments to supplement their CAFR with reader-friendly, “popular” reports designed to assist those who need or desire a less detailed overview of a government’s financial activities. These reports can take the form of consolidated presentations or a variety of other formats.
This two-hour internet training is designed to educate participants on the basic elements of an effective PAFR, while providing numerous examples and helpful hints on the preparation of a quality PAFR. The training will also review the eligibility requirements for GFOA’s Popular Annual Financial Reporting Award Program (PAFR Award).
Those who successfully complete this seminar should be able to:
Identify the basic elements of a quality PAFR;
Review the various options for presenting a government’s condensed financial information to the general public, and determine the most appropriate presentation for your government; and
Understand the eligibility requirements for the PAFR Award.