U.S. Government Financial Statements:

FY 2000 Reporting Underscores the Need to Accelerate Federal Financial Management Reform

GAO-01-570T: Published: Mar 30, 2001. Publicly Released: Mar 30, 2001.

Additional Materials:


Gary T. Engel
(202) 512-8815


Office of Public Affairs
(202) 512-4800

The Comptroller General discusses GAO's report on the U.S. government's consolidated financial statements for fiscal year 2000. This is the fourth consecutive year that GAO has been unable to express an opinion on the U.S. government's consolidated financial statements. Material weaknesses in internal control and accounting and reporting issues prevented GAO from being able to provide Congress and the American people with an opinion as to whether the government's consolidated financial statements are fairly stated in accordance with U.S. generally accepted accounting principles. These material weaknesses also affected the reliability of information in the Management's Discussion and Analysis included in the financial report and other financial management information--including information used to manage the government and budget information reported by agencies--which is taken from the same data sources as the financial statements.

Oct 1, 2015

Sep 15, 2015

Sep 14, 2015

Sep 9, 2015

Aug 3, 2015

Jul 30, 2015

Jul 16, 2015

Jul 10, 2015

Jun 30, 2015

Jun 25, 2015

Looking for more? Browse all our products here