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Annual comprehensive financial report - Wikipedia

An ACFR is a set of U.S. government financial statements that comply with GASB standards. It was formerly called a CAFR, but the name was changed in 2021 to avoid a slur in South Africa.

Annual Comprehensive Financial Report - Office of Financial Management

The CAFR is a detailed presentation of the state's financial condition and activities for each fiscal year. It includes the independent auditor's report, financial statements, notes, schedules, and statistical information.

Understanding Comprehensive Annual Financial Reports

CAFR is a set of financial reports produced by local governments to comply with GASB standards and show their financial performance and condition. Learn how to understand and use CAFR to make investment decisions in local government debt instruments.

Annual Comprehensive Financial Reports - City of San Antonio

Find financial and budget documents for the City of San Antonio, including annual reports, PFC reports, single audits and management letters. The information is current as of the date of the document and may not be applicable thereafter.

ACFR Archives - Oklahoma.gov

Note: In 2021, the Government Accounting Standards Board changed the report name from "Comprehensive Annual Financial Report," or CAFR, to "Annual Comprehensive Financial Report," or ACFR. Previously published reports will not reflect this change.

Annual Financial Report | Office of the Budget | Commonwealth of ...

ACFR is a set of government financial statements that comply with GASB requirements and show the financial condition of the Commonwealth. The web page provides the most recent and past ACFR reports, as well as the budgetary comparison schedules and rationale.

Comprehensive General-Purpose Checklist

The Government Finance Officers Association (GFOA) provides a checklist for the annual comprehensive financial report (ACFR), which replaced the comprehensive annual financial report (CAFR) in 2021. The checklist covers general-purpose governments, school districts and stand-alone business-type activities.

News Detail - GASB

The Governmental Accounting Standards Board (GASB) renamed the comprehensive annual financial report (CAFR) to the annual comprehensive financial report (ACFR) to avoid a potentially offensive acronym. The change was based on stakeholder feedback and does not affect the report's structure or content.

Proper Referencing of the Comprehensive Annual Financial Report - An ...

The Government Finance Officers Association (GFOA) urges all industry affiliates to stop using the acronym CAFR, which may be offensive in some contexts, and to use alternative terms instead. The policy statement explains the background, purpose, and timeline of this change.

Summary of Statement No. 98 - GASB

Statement No. 98 The Annual Comprehensive Financial Report (Issued 10/21) SUMMARY This Statement establishes the term annual comprehensive financial report and its acronym ACFR. That new term and acronym replace instances of comprehensive annual financial report and its acronym in generally accepted accounting principles for state and local governments. This Statement was developed in response ...

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