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Consolidated Financial Statements of the United States Government, Fiscal Year 1989.

Consolidated Financial Statements of the United States Government, Fiscal Year 1989

The Financial Management Service, a bureau of the Department of the Treasury, released this annual comprehensive summary of the financial condition and operations of the federal government. This 38-page edition provides information and data on the government's assets, liabilities and generally accepted accounting principles. Prepared on the accrual basis, it reflects the Treasury's efforts to make the financial reports more closely resemble those prepared in the private sector. The objective of the book is to produce financial information which is usable by federal program managers and the public. The independent CPA firm of Price Waterhouse conducted a review of the government's accounting procedures and the firm's comments are noted within the publication. This government publication could provide some useful information to further your accounting knowledge.
COPYRIGHT 1990 National Society of Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990 Gale, Cengage Learning. All rights reserved.

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Publication:The National Public Accountant
Article Type:Book Review
Date:Oct 1, 1990
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