How does CAFR-2000 differ from some of the other GASB 34 solutions out there?
First of all CAFR-2000 is not just a GASB 34 solution, it is a total CAFR financial reporting tool. We of course can’t speak to all that is available because we don’t know just what is available. We have found as rule so far with some products they have actually only addressed the new reporting formats without really addressing the underlying work or record keeping that supports the reports. We have talked to some governments that are using some of these other options. Those products have chosen to employ an nationally distributed report writer that many users have said is ‘somewhat complex’ to ‘need to be an IT professional’ to use effectively. Also, these other products haven’t provided the ability to roll the GASB 34 activity forward to the new year. Several governments have indicated they keep track of their GASB 34 activity ‘off-line’ and plug into spreadsheets at then end. CAFR-2000 is designed to allow the user to make the original establishment of the GASB 34 basis and roll tha
