Local Government Financial Reporting System

Local Government Financial Reporting System PDF Author: Florida. Office of the Auditor General
Publisher:
ISBN:
Category : Auditing, Internal
Languages : en
Pages : 0

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Book Description
Pursuant to Section 11.45(2)(g), Florida Statutes, this performance audit of the local government financial reporting system focused on determining the accuracy, efficiency, and effectiveness of the system in achieving its goals; how the reporting system can be improved; and how program costs can be reduced.Our audit also included a follow-up on selected findings noted in our report No. 2019-028.

Local Government Financial Reporting System

Local Government Financial Reporting System PDF Author: Florida. Office of the Auditor General
Publisher:
ISBN:
Category : Auditing, Internal
Languages : en
Pages : 0

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Book Description
Pursuant to Section 11.45(2)(g), Florida Statutes, this performance audit of the local government financial reporting system focused on determining the accuracy, efficiency, and effectiveness of the system in achieving its goals; how the reporting system can be improved; and how program costs can be reduced.Our audit also included a follow-up on selected findings noted in our report No. 2019-028.

Standards for Internal Control in the Federal Government

Standards for Internal Control in the Federal Government PDF Author: United States Government Accountability Office
Publisher: Lulu.com
ISBN: 0359541828
Category : Reference
Languages : en
Pages : 88

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Book Description
Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.

State of Florida Local Government Financial Reporting System

State of Florida Local Government Financial Reporting System PDF Author: Florida. Office of the Auditor General
Publisher:
ISBN:
Category : Intergovernmental fiscal relations
Languages : en
Pages : 36

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Book Description


Financial Report of the United States Government

Financial Report of the United States Government PDF Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 260

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Book Description


Performance Audit of the State of Florida Local Government Financial Reporting System

Performance Audit of the State of Florida Local Government Financial Reporting System PDF Author: Florida. Office of the Auditor General
Publisher:
ISBN:
Category : Intergovernmental fiscal relations
Languages : en
Pages : 183

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Book Description


Popular Reporting

Popular Reporting PDF Author: Frances H. Carpenter
Publisher: Governmental Accounting Standards Board
ISBN:
Category : Business & Economics
Languages : en
Pages : 86

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Book Description


How to Understand Local Government Financial Statements

How to Understand Local Government Financial Statements PDF Author: Paul E. Glick
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 72

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Book Description


Financial Reporting Timeliness in the Local Governments of Edo State

Financial Reporting Timeliness in the Local Governments of Edo State PDF Author: WOLI CHARITY T.
Publisher: GRIN Verlag
ISBN: 3668878730
Category : Business & Economics
Languages : en
Pages : 79

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Book Description
Academic Paper from the year 2016 in the subject Economics - Finance, grade: Bsc, University of Benin, course: accounting, language: English, abstract: This research work investigates the timeliness of financial reporting in Edo State local governments. The study specifically examines the influence of the size of the local government, technology, complexity and auditor competence in relation to the timeliness of financial reporting in the local government. A total of twenty-four structured questions and eighty questionnaires are used to evaluate respondent’s perceptions. The process of getting financial information from any local government takes time because the users have to wait until the financial accounts are published in the official government gazettes. As a result, there is a possibility of lack of interest in the financial accounts of local government as any potential issues fade with the passage of time if the reporting is overly late or inexplicable, so it will lose its relevance. Some critical issues identified which are responsible for delay in reporting in local government include the current environment of across-the-board budget cuts, over bloated size of the local government, lack of technology advancement, increased number of unqualified staff resources and new accounting standards, poor internal control system, inadequate system to record account for and monitor spending in terms of legislated processes. The findings reveal that the size and the complexity of the local government have significant impact on the timeliness of financial reporting, while auditor competence has no impact on timeliness. It recommends that the local government council in Edo State should ensure that their financial statements are published at the right time of their financial year so that users of the financial statements can have access to their reports. It is concluded that the timely release of a financial report is an essential ingredient for maintaining confidence in the minds of the stakeholders, as the lengths of time in which financial statements are reported to have an impact on the progress of the local council.

Introduction to Local Government Finance

Introduction to Local Government Finance PDF Author: Kara A. Millonzi
Publisher: Unc School of Government
ISBN: 9781560119241
Category : Local finance
Languages : en
Pages : 0

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Book Description
Finance is a cornerstone of local government operations, cutting across multiple departments within a unit and defining the duties of many local government officials and employees. This book provides an overview of budgeting and financial management laws applicable to local governments and public authorities in North Carolina.

Local Public Financial Management

Local Public Financial Management PDF Author: Anwar Shah
Publisher: World Bank Publications
ISBN: 0821369385
Category : Political Science
Languages : en
Pages : 290

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Book Description
Transparent and prudent local financial management has come to be recognized as critical to the integrity of local public sector and to gaining and retaining trust of local residents. Such integrity and trust is sometimes lacking in some local governments in developing countries, especially in the Africa region. This volume attempts to provide practical guidance to local governments interested in establishing sound financial management systems. Leading international experts have contributed to all relevant aspects of local public financial management - cash management, internal controls, accounts, audits, and debt management.