In an effort to bring attention to the federal government and its miscalculated budget, this week the Chicago think tank Truth in Accounting (TIA) will be releasing its federal project. Over the past ...

The Accounting and Auditing Policy Committee (AAPC) of the Federal Accounting Standards Advisory Board (FASAB) issued a pair of technical releases intended to achieve consistent reporting among ...

Elon Musk of the Department of Government Efficiency has sought to find $1 trillion or $2 trillion to cut from the federal budget. That is a noble target, but neither Mr. Musk nor anyone in the ...

It’s final. The Pentagon and other agencies whose programs draw from highly classified budgets may withhold certain numbers from standard-format financial statements, an accounting authority announced ...

The National Taxpayers Union Foundation issued a report Friday saying that federal credit programs are costing taxpayers tens of billions of dollars more than estimated because the federal government ...

The Federal Accounting Standards Advisory Board is looking for feedback on an exposure draft of a proposed set of technical clarifications and amendments on lease accounting for the federal government ...

The Federal Accounting Standards Advisory Board (FASAB) and the Accounting and Auditing Policy Committee (AAPC) have proposed implementation guidance for federal-entity accounting standards and ...

As Congress again considers preventing the interest rate on federal student loans from doubling, the cost to taxpayers should be a central issue. However, the federal government’s accounting practices ...

When Noemi Contreras-Woods started searching for a master’s program that would deepen her understanding of finance and help her to acquire more knowledge, she was struck by the comprehensive ...

Ten years after Congress ordered federal agencies to have outside auditors review their books, neither the Defense Department nor the newer Department of Homeland Security has met even basic ...

The Heritage Foundation has conducted two separate studies that both reach the same conclusion: Federal employees are paid substantially more than comparably skilled private sector workers. Defenders ...