1\ Download a copy of the comprehensive annual financial report (CAFR) for the City of St. Louis, Missouri
(the
City) with the help of following link
(https://www.stlouismo.gov/government/departments/comptroller/documents/upload/CityofStLouisMO_CAF
R-FY19.pdf ).
Based on this CAFR, answer the following questions:
(1) Are the financial statements in the report audited by an independent CPA, state auditors, or auditors
employed by the government being audited?
(2) Does the audit indicate that the financial statements were prepared in accordance with GAAP?
(3) Has the city received an unmodified audit report?
(4) Does the CAFR contain an MD&A? If so, where is it located and what type of information
does it contain?