Provide Federal Agencies with their Fund Balance with Treasury on a near-real time basis. Streamline the reporting and reconciliation processes by providing more reliable and timely information to users.
To establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports.
An independent, privately-funded accounting standard setter based in London, UK. Board Members come from nine countries, and are committed to developing a single set of high quality, understandable and enforceable global accounting standards that require transparent and comparable information in general purpose financial statements.
Studies how the federal government spends taxpayer dollars. GAO advises Congress and the heads of executive agencies about ways to make government more effective and responsive.