Financial audit guide auditing the Statement of Budgetary Resources.
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 47 |
Release | : 2001 |
ISBN-13 | : 9781428947627 |
ISBN-10 | : 1428947620 |
Rating | : 4/5 (20 Downloads) |
Download or read book Financial audit guide auditing the Statement of Budgetary Resources. written by and published by DIANE Publishing. This book was released on 2001 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal financial reporting should assist in fulfilling the government's duty to be publicly accountable for moneys raised from the public and for their expenditure in accordance with applicable laws that establish the budget and other related laws and regulations. As a means to help achieve this objective, beginning with fiscal year 1998, executive agencies subject to the Chief Financial Officers (CFO) Act of 1990, as expanded by the Government Management Reform Act of 1994, were each required to prepare and submit for audit a Statement of Budgetary Resources (SBR) in addition to the other required financial statements.