A financial specialist oversees fiscal management for the government or security agency. The financial specialist performs audits and maintains compliance.
STEP 1: Imagine being a financial specialist in your home state or local criminal justice agency. Your agency director has received an audit report discrepancy that identified the agency was using a mixture of cash basis and accrual accounting methods. Your director wants to implement only one method and has asked you to develop a recommendation.
STEP 2: Write a 525- to 700-word recommendation in which you:
Summarize each accounting method (cash basis, modified, and accrual accounting), including the advantages and disadvantages of each method.
Identify which accounting method you recommend the agency you selected from your home state or local criminal justice agency should implement—cash-basis, accrual, or modified accrual—and explain why you selected that method.
Identify at least two fiscal management strategies and explain how your chosen accounting ch method.
Identify which accounting method you recommend the agency you selected from your home state or local criminal justice agency should implement—cash-basis, accrual, or modified accrual—and explain why you selected that method.
Hello writer i live in Washington DC please use my State thank you