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CAFR vs Financial Statement

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susanwhite



Joined: 13 Aug 2008
Posts: 6

Posted: Tue Sep 16, 2008 6:32 am    Post subject: CAFR vs Financial Statement  

Can someone explain to me the differences between a CAFR and a Financial Statement?
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dp1903



Joined: 23 Sep 2005
Posts: 112
Location: Wichita Falls, Texas

Posted: Tue Sep 16, 2008 9:29 pm    Post subject:  

CAFR - comprehensive annual financial report. They sound like the same thing. Is CAFR strictly for government entities?

http://www.ofm.wa.gov/cafr/default.asp
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susanwhite



Joined: 13 Aug 2008
Posts: 6

Posted: Wed Sep 17, 2008 6:19 pm    Post subject:  

Yes - strictly for governmental...It is not required but preferred...Just trying to understand the differences between the two
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