Week 5 Discussion
“Capital Projects, Debt Service, and Long Term Obligations” Please respond to the following:
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.
Identify two (2) policies or processes recommended in the article that will alleviate accounting problems or issues in the capital projects and debt service funds. Provide examples to support the policies and procedures selected and a rationale for your selections.