This is a Comptroller General Presentation delivered to the American Accounting Association Annual Meeting in Denver, Colorado on August 8, 2011. Major topics of this presentation include: threats confronting U.S. national security interests, fiscal sustainability and debt challenges, economic recovery and restored growth, the changing dynamics of global interdependence, advances in science and technology, increasing impact of networks and virtualization; the shifting roles in government and governance; and the demographic and societal changes confronting young and old.

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