by Glenn Cheney Norwalk, Conn. — Robert H. Attmore, recently elected to take the chair of the Governmental Accounting Standards Board, has a goal that is both lofty and deceptively simple.
“We need to make governmental financial statements more understandable and more complete so that users have a better opportunity to figure out what’s really going on,” Attmore said. “Government financial statements, historically, have not been all that transparent or that easy to understand. The new accounting model is a big step in the right direction, but there’s more to be done.”
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