Financial Reporting and Accounting
January 26, 2012
Financial reports are an essential oversight tool. There are two basic kinds of financial reports.
- Interim Reports. These include monthly reports,quarterly reports and mid-year budget reviews.
- Annual Reports. Well-managed public agencies typically prepare a report at the end of the year explaining revenues and expenditures levels.
For more information, including questions to ask about an agency’s financial reports, see information at right.