How important are the audited financial statements? Who audits the federal government's financial statements?© BrainMass Inc. brainmass.com June 4, 2020, 2:51 am ad1c9bdddf
Audited financial statements hold the same importance for the government as they do for the public company. The main difference is that there are many more stakeholders and users of the government's financial statements. The government undergoes an audit just as other governmental ...
This solution discusses who it is that audits the federal government and how important the audited financial statements are.