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Demand for accountability for not-for-profit and government

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Accountability in Reporting Memo

Write a short Memo to a nonfinancial audience explaining how increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities.

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Solution Preview

In the current world, it is not easy to escape the effects of the global economic conditions. The media focus on unemployment, housing values, bankruptcies and related effects of poor economies. We understand about lack of job security and we all may have a relative or friend who is unemployed or underemployed. National unemployment rates are understated by as much as 8% if two groups of people were included in the statistics: those who have stopped looking for work and those who are working part time but need full time.

In local neighborhoods, we see vacant housing, foreclosure sale signs, and we have read about extremely bad market conditions in Las Vegas, Phoenix and Miami. It is easy to make ...

Solution Summary

The 412 word, well cited solution explains the role of government in the current economy in terms of spending and accountability to taxpayers, voters and the general public.