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Government accountants issue advice to Treasury to help clean up its books
After a year-long study, the Association of Government Accountants issued a report suggesting a dozen changes and steps that would improve how the U.S. Treasury Department tracks government-wide revenue, spending and the federal deficit.
Tags: GAO , Treasury Department , accounting standards , budget deficit , budget , Congress
Federal financial report is in, but GAO offers no opinion
Robert Dacey, the Government Accountability Office's chief accountant, breaks down the reasons why GAO was unable to render an opinion on the federal government's consolidated financial report.
Tags: Roberty Dacey , GAO , Treasury , CFO Act , financial accountability , Federal Drive , DoD , Michael OConnell , OMB
Ethics of financial reporting in spotlight after Rangel steps down
Buffeted by ethics inquiries, veteran New York Rep. Charles B. Rangel stepped down Wednesday as chairman of the House's powerful tax-writing committee, delivering a fresh political jolt to a Democratic Party already facing angry voters.
Tags: Congress , ethics , Bill Bransford , Shaw, Bransford & Roth ,
