Obtain the most recent audited annual financial report of the U.S. government. It is available from the

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Obtain the most recent audited annual financial report of the U.S. government. It is available from the Government Accountability Office (GAO).

Required
a. Did the GAO give the federal government an unqualified, qualified, adverse, or disclaimer of opinion?
b. What were the weaknesses or deficiencies cited by the Comptroller General?
c. What federal agencies received an unqualified opinion for this fiscal year?
d. Did the statements of social insurance receive a clean opinion? If not, why not?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078110931

16th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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