Traditional Government Financial Reporting Leaves Taxpayers Dissatisfied and Distrustful

U.S. Newswire, February, 2008

To: BUSINESS EDITORS

Contact: Kristen Potter for Association of Government Accountants, 1-904-755-9722, kristen.potter@keymergroup.com

WASHINGTON, Feb. 20 /PRNewswire-USNewswire/ -- The federal government is failing to meet the financial reporting needs of taxpayers, falling short of expectations and creating a problem with trust, according to survey findings released today by the Association of Government Accountants (AGA).

The survey, Public Attitudes to Government Accountability and Transparency 2008, measured attitudes and opinions towards government financial management and accountability to taxpayers. The survey established an expectations gap between what taxpayers expect and what they get, finding that the public at large overwhelmingly believes that...

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