1. DOD Financial and Audit Readiness
... Background One of the nation's founding fathers, Thomas Jefferson, stated in 1802, "We might hope to see the finances of the Union as clear and intelligible as a merchant's book, so that every member of Congress and every man of any mind in the Union should be able to comprehend them. " [Tay11]. Jefferson's statement continues to resonate with congressional ... Comptroller) must ensure the intended end-users of the financial statements are meeting the targeted goal. The Federal Accounting Standards Advisory Board (FASAB) identified four major users of federal financial reports to be citi...
- Word Count: 1822
- Approx Pages: 7
- Has Bibliography
- Grade Level: Graduate