Discovery
This case provides learning opportunities using available databases and/or the Internet to obtain contemporary information about the topics in advanced financial accounting. Note that the Internet is dynamic and the specific address of the website listed may change. In that case, use a good search engine to locate its current address.
Required
Access the Department of Treasury’s website and scroll through until you locate the most recent “Financial Report of the United States Government” ( http://fms.treas.gov/fr/index.html ). Look over the report, especially the comptroller general’s statement and the auditor’s report, and then prepare a one- to two-page memo summarizing the major information items reported in the report.
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