Understanding the Primary Components of the Annual Financial Report of the U. S. Government

Download or read book Understanding the Primary Components of the Annual Financial Report of the U. S. Government written by Gary T. Engel and published by DIANE Publishing. This book was released on 2010-02 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dept. of the Treasury, in coordination with the Office of Mgmt. and Budget, annually prepares the Financial Report of the U.S. Gov¿t, hereafter referred to as the Consolidated Financial Report (CFR). The CFR is a general-purpose report of accountability intended internally for members of Congress, fed. exec. and fed. program managers, and externally primarily for citizens and citizen intermediaries who are interested in fed. gov¿t. activities. This guide is a comprehensive overview of the fed. govt.¿s finances. It explains the purpose of each CFR component and provides illustrative financial information using actual FY 2008 and 2007 data to focus readers on the kinds of significant info. found in the various parts of the CFR. Tables.