The minimum requirements for general purpose external financial reporting are (1) management's discussion and analysis (MD&A), (2) the basic financial statements, including the notes to the financial statements, and (3) combining and individual fund financial statements.

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The minimum requirements for general purpose external financial reporting include management's discussion and analysis (MD&A), the basic financial statements, and required supplementary information other than MD&A. Combining and individual fund financial statements are not a minimum requirement; they may be included as supplementary information.

The Minimum Requirements for General Purpose External Financial Reporting Are