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Government default

Last week the Federal Government reached it’s ‘debt ceiling’. The debt ceiling is the maximum amount of money that Congress authorizes the Treasury Department to borrow. While Congress passed a budget authorizing spending in excess of the debt...

Financial Reporting Review of Local Government

  The Governmental Accounting Standards Board (GASB) has established accountability as the cornerstone of financial reporting for governments. Accountability, as defined by GASB, includes budgetary and fiscal compliance. In this assignment, you will explore a local...
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