Citizen-Centric Government: AGA's mission supports promoting and advancing accountability in government

Article Abstract:

AGA's Citizen-Centric Government Task Force suggests that governments should publish an annual state-of-the-government report to its citizens, providing understandable information about the financial condition of the government. The Task Force believes that the report would make governments more accountable to their citizens and would help Americans become more educated citizens, who are better able to participate in government activities.

Author: Fritzler, Susan
SOCIAL SERVICES, Community Services, Community Food and Housing, and Emergency and Other Relief Services, Reports, Community service, Association of Government Accountants

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Financial reporting for affiliated organizations

Article Abstract:

Statement No. 39 amends GASB Statement No. 14, "The Financial Reporting Entity", by providing for a specific type of "misleading to exclude" component units and defines the criterion for determining affiliated organization component units. It also includes an overview of the two statements, investigation of implementation issues and a discussion on requiring footnote disclosures only, rather than discreet presentation.

Author: Wilder, W. Mark
Evaluation, Affiliated corporations, Disclosure statements (Accounting)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


How readable are those financial reports

Article Abstract:

The issues regarding the Comprehensive Annual Financial Report (CAFRs) being complicated for people to read and understand are discussed. The Management Discussion and Analysis (MD and A) suggests an objective and easily readable analysis for the government's financial activities based on facts, decisions and conditions.

Author: Montondon, Lucille G., Marsh, Treba Lilley
United States, Product standards, safety, & recalls, Standards

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Management, Company business management, Financial statements
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.