For the ninth consecutive year, material weaknesses in internal controls and also within selected accounting and financial reporting practices have prevented the Government Accountability Office from rendering an opinion as to whether the federal government financials are in conformity with generally accepted accounting principles.
The GAO said that three ongoing roadblocks preventing an opinion are:
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access