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    "Interim financial reports are not needed for state and government units since external users of financial reports have no need to assess monthly or quarterly performance of the government." Do you agree? Why or why not?

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    © BrainMass Inc. brainmass.com March 4, 2021, 7:53 pm ad1c9bdddf
    https://brainmass.com/business/finance/financial-reports-129992

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    "Interim financial reports are not needed for state and government units since external users of financial reports have no need to assess monthly or quarterly performance of the government." Do you agree? Why or why not?

    I do not agree.
    The reasons are:
    1. That monthly and quarterly financial reports drives discipline:
    2. The monthly and quarterly reports ...

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