Select Page

Assignment: Financial Reporting Review of the Federal Government Overview The U.

by | Nov 18, 2021 | Accounting homework help | 0 comments

Place your order now for a similar assignment and have exceptional work written by our team of experts, At affordable rates

For This or a Similar Paper Click To Order Now

Assignment: Financial Reporting Review of the Federal Government
The U.S. Constitution Article I, Section IX mandates “a regular statement and account of the receipts and expenditures of all public money shall be published from time to time” by the federal government.Two centuries after the publication of the U.S. Constitution, it is still difficult for the federal government to issue financial statements.In this assignment, you examine the U.S. Federal Government’s financial statements to explore the differences in these statements from other governmental financial statements and the reasons that necessitate these differences.
Write a 3–5 page paper in which you do the following:
Discuss at least three unique characteristics of the federal government that necessitate special accounting and reporting practices, presenting at least one example for each transaction.
Choose at least three unique characteristics of the federal government that necessitate special accounting and reporting practices.
Discuss these characteristics, presenting at least one example for each one.
Accurately identify and explain the type of audit performed, the audit opinion issued, and the auditor’s reasons for that opinion, on the most recent federal government financial statement.
Each year the federal government issues an “official” comprehensive financial report that covers all its activities and is subject to audit.
Review the most recent Financial Report of the United States Government.
Explain the type of audit performed, the audit opinion issued, and the auditor’s reason for that opinion. (Auditor’s opinion is last item on Table of Contents).
Identify all eight of the financial statements presented by the federal government and the relevance of each one’s contents to a financial statement user.
In reviewing the federal government’s financial statements, you will observe more basic financial statements than were required by GASB for the local governments or by FASB for not-for-profits.
Identify each financial statement presented by the federal government and the relevance of the statement’s content to a financial statement user.
Express an opinion on whether the selected financial statement met its objectives, correctly identifying the objectives, justifying the opinion with three relative pieces of data from the Financial Report.
Congress enacted the Government Performance and Results Act of 1993, which requires federal agencies to develop strategic plans, operational objectives, and measures of performance, reporting on the extent to which the agency met its objectives.
Select one of the federal government reporting entities included in the Financial Report of the United States Government, and express an opinion on whether it is meeting its objectives. Justify your opinion with at least three pieces of data from the reporting entity’s Financial Report (reporting entities are listed in Appendix A).
Use at least three quality sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.
Produce writing that contains accurate grammar, mechanics, and spelling in accordance with SWS style.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcomes associated with this assignment:
Review the Financial Report of the United States Government to explore the distinctive financial reporting required for the federal government.

For This or a Similar Paper Click To Order Now

our services

We Are A Full Academic Writing Service 

We are a brilliant custom writing service. We specialize in supplying professional writing help for students the world over. As a professional custom writing service, we are eager to offer reliable writing assistance with all types of written assignments to students who seek our help. Thus, students who order papers with us will receive a well-formatted, informative and carefully-research custom paper.


We Handle Every Single Paper Type That You May Require


We work tirelessly to satisfy every client’s need, and this is reflected in every facet of our professional writing services. Therefore, as a student you don’t have to worry anymore about beating coursework assignment deadlines, juggling between doing a part time job and writing essays, and conducting extensive research in order to get a good grade in your paper. Just place an order with us and have your academic paper written by a professional writer with years of academic essay writing experience.


Writing Services

All types of academic texts will be accomplished in a heartbeat by our talented & experienced authors.


Editing Services

Our company’s editors are proficient in eliminating errors dealing with grammar, punctuation, terminology, etc.



Skillful proofreaders diligently scan your paper to assure apt transitions, smooth flow, and logically structured paragraphs!



The paper’s structure, its word count, and all of the other formatting requirements will be adhered to.



Plagiarism-free papers


Complete Confidentiality


100% Money-back


Timely Delivery


24/7 Support


Experienced Writers

How We Work?

Get A Professional Writer do your Homework

Working with professional essay writers writing service couldn’t be easier. We provide you with a quick and easy to use the system, thanks to which you can be sure of the best you are looking for. Just follow the process we described in detail here, and you will soon be working with the best authors:


“I used the service and got A+ I like the service, the quality of work was good and my mark as well. Not expensive. And the timing was a big plus for me because I got work right when we agreed.”

Research Paper


Happy Clients

Bringing security and peace of mind is our mission.

“Excellent service as always! Always above and beyond A-Level work! Highly recommend. Great work done well within the stated timelines. Great annotated bib. and great research on the paper. I went out on the limb to use this service for the first time ever, but I am absolutely overwhelmed with work work work that this took so much pressure off of me. I will definitely use you again in the future. Thank You.”



” This is an amazing resource for the students. I love the simple submission and the quality of writers.”



Order an Assignment paper written from scratch on practically any subject

Serving Your Student Needs





+1 (267) 743-9381