AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Most governments have now implemented the new reporting requirements mandated by Governmental Accounting Standards Board Statement No. 34, and are now faced with the task of explaining the results to citizens, policymakers, and government officials. When the new reporting model was adopted, the GASB issued the following statement in a news release:
"Never before has the public" been able to get a comprehensive overview of a state or local government's finances in one place. This new reporting system will give citizens a clearer picture of what a government is doing with the taxes it collects."
How can this information be used to analyze the ...