B. Your role is as a consultant with ten years’ experience in the public financial management industry.
Prepare an 8 to 10 page paper, plus references, on the following topic:
You are in the role of a consultant in the public financial management industry. A group of 20 civic leaders are considering forming a new task force and have asked you to prepare a report on whether they should build a facility in an area within 30 miles of the downtown center of your 500,000 population city. The project has a budget of $100 million for you to base your report on.
Prepare a report for the mayor and city council on your proposed expenditure plan reflecting on the key course objectives. In this report, you should accomplish the following tasks:
o Examine the differences between the public and private sector accounting principles.
o Integrate fund accounting and financial controls.
o Assess the approaches of control and management of public expenditures with a recommendation of the best approach.
o Explain government financial reporting requirements
o Analyze financial statements and budgets to make appropriate administrative decisions, and apply the budgets as a disciplinary process.
______________________________________________________________________________