Understanding Indiana Cities' and Towns' Financial Statements

To effectively govern and manage their organizations, city and town officials need to understand their financial statements. In addition, city and town officials also should understand how internal controls play an important part in demonstrating the integrity of the financial statements. This presentation focuses on example financial statements and schedules, note disclosures, and audit reports to help you better understand what information is contained within those documents and how the financial statement users are informed about finances at a city or a town.