State of Arizona Government-Wide Statements and Reporting Entities
Either using a previous selected government entity CAFR or another government entity, identify where the government-wide statements have been presented using the fund statements:
In the State of Arizona’s 2008 CAFR, government-wide statements are presented in the Independent Auditor’s Report. State of Arizona Government-wide Statements include governmental activities – Arizona Health Care Cost Containment System, Department of Transportation; business-type activities – Lottery Department, Arizona Health Care Cost Containment System, Department of Transportation; aggregate discretely presented component unites – Component Units, Universities—Affiliated Component Units.
What is a governmental reporting entity?
A governmental reporting entity consists of a primary government and its component units. Examples of primary governments are state governments, municipalities, counties, or special-purpose state and/or local governments. Special-purpose governments can include school districts, municipal utilities, and transportation authorities. A component unit is a legally separate government for which elected officials of the primary government are financially accountable.
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