A report issued by a governmental entity that includes the entity's audited statements for the fiscal year as well as other information about the entity. Such report must meet specific standards established by the Government Finance Officers Association in order to be considered a comprehensive annual financial report. Compare: AUDITED STATEMENT.
The official annual report for the State of Oklahoma . It includes five combined statements for each individual fund and account group prepared in conformity with GAAP. It also includes supporting schedules necessary to demonstrate compliance with finance-related legal and contractual provisions, extensive introductory material, and a detailed Statistical Section.
The official annual financial report of the state encompassing all funds and component units of the state. It includes an introductory section, management's discussion and analysis (MD&A), basic financial statements, required supplementary information other than MD&A, combining and individual fund statements, schedules, and a statistical section.