145k views
2 votes
Which of the following would not be included within the financial section of the CAFR?

A. Letter of transmittal.
B. Management's discussion and analysis.
C. Independent auditor's report.
D. Required supplementary information.

User Nevo
by
8.2k points

1 Answer

2 votes

Final answer:

The 'Letter of transmittal' is traditionally a part of the introductory section of the CAFR and would not be included within the financial section of the CAFR.

Step-by-step explanation:

Among the options provided, A. Letter of transmittal would not be included within the financial section of the Comprehensive Annual Financial Report (CAFR). The letter of transmittal is typically part of the introductory section of the CAFR, which precedes the financial section. The financial section would include the management's discussion and analysis, the independent auditor's report, and the required supplementary information, which are all essential components for providing a complete and transparent view of a government's financial status.

User Mikolaj Semeniuk
by
8.0k points