1A. Why have accountability and control been so important in the traditional accounting for state and local governments? 1B. How has the dual system of financial statements impacted the financial reporting of state and local governements?

1A. Why have accountability and control been so important in the traditional accounting for state and local governments? 1B. How has the dual system of financial statements impacted the financial reporting of state and local governements?

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor

Section: Chapter Questions

Problem 27RQSC

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1A. Why have accountability and control been so important in the traditional accounting for state and local governments?

1B. How has the dual system of financial statements impacted the financial reporting of state and local governements?

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