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What are the primary expenditures for the federal government?
(Table S-5)
What is the current national debt?
How much is the national debt per citizen and per taxpayer. Is this
a problem? Why? Why not?
How can the Federal government reduce the national debt? Keep
your ideas realistic.
Prepare a paper of no more than 700 words that addresses the following
topics :
What roles do accountants play in managing government and not-
for-profit organizations?
How are government and not-for-profit organizations audited? Be
sure to include the different types of audits.
Describe the Single-Audit Act and how it impacts government
financial reporting and accounting