“Capital Projects, Debt Service, and Long Term Obligations” Please respond to the following:
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Capital Projects, Debt Service, and Long Term Obligations
- Go to the Government Finance Officers Association (GFOA) Website to read the best practice article “Capital Project Monitoring and Reporting,” located at http://www.gfoa.org/capital-project-monitoring-and-reporting.
- Analyze the important aspects of accounting and reporting of governmental capital projects highlighted in the article. Expand your analysis to consider how monitoring and reporting of capital projects is similar and how it differs from the same functions in a corporation.