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Diane Publishing Books
Financial Audit: U.S. Governmentäó»s Fiscal Years 2013 and 2012 Consolidated Financial Statements
Gene L. Dodaro (fr); Jacob J. Lew (fr); Robert F. Dacey (ed); Gary T. Engel (ed)
This report transmits GAO's audit report on the results of their audit of the U.S. government's FY 2013 and 2012 consolidated financial statements, which is incorporated in the enclosed FY 2013 Financial Report of the U.S. Government prepared by the U.S. Department of the Treasury. During FY 2013, the federal government's reported unified budget deficit decreased by about $409 billion to approx. $680 billion. However, the federal government continues to face an unsustainable long-term fiscal path. To operate effectively and efficiently and to make difficult decisions to address the federal government's fiscal challenges, Congress, the administration, and federal managers must have reliable and complete financial and performance information -- both for individual federal entities and for the federal government as a whole. Overall, significant progress has been made since the enactment of key federal financial management reforms in the 1990s; much work remains to improve federal financial management. Figures and tables. This is a print on demand report.
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