Selected Federal Government Reporting Challenges

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Selected Federal Government Reporting Challenges

  • Financial Audits

    • appreciate cooperation and commitment
    • continued partnerships are critical
    • agency restatements
    • key remaining audit issues
      • DOD
      • Interagency transactions
      • Government–wide consolidation
    • additional coordination will be necessary as we get closer to an opinion on the CFS

  • Selected Financial and Performance Reporting Issues

    • summary annual report
    • long–range fiscal challenges (e.g., per capita burden, intergenerational impact)
    • "trust funds" and operating results (e.g., restricted vs. unrestricted revenues, intra–governmental obligations)
    • performance reporting
    • other