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U.S. Financial Condition and Fiscal Future Briefing

GAO-07-1189CG Published: Aug 07, 2007. Publicly Released: Aug 07, 2007.
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Highlights

This is a Comptroller General Presentation delivered to the American Accounting Association in Chicago, Illinois, on August 7, 2007. Major topics of this presentation include: composition of federal spending, fiscal challenges state and local governments face, GAO's criteria for evaluating social security reform proposals, growth in health care spending, and the future accounting/reporting and audit reporting model.

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Topics

Auditing and Financial Management
AccountabilityAuditing standardsBalanced budgetsBudget activitiesBudget allowancesBudget deficitCost analysisCost controlDeficit reductionEconomic analysisEconomic growthEconomic policiesFederal social security programsFinancial analysisFinancial managementFiscal policiesHealth care cost controlHealth care costsHealth care programsHealth care reformLocal governmentsState budgetsStrategic planningProgram goals or objectivesTransparency