Who pays the bill? Stimulus dollars and the national debt

Natalie Rooney | Colorado Society of CPAs | January 13, 2021

Truth in Accounting actually had to recalibrate the debt clock on its website to spin faster. 

20 accounting YouTube channels to watch in 2021

Feedspot | January 12, 2021

Truth in Accounting … About Youtuber … To educate and empower citizens with understandable, reliable, and transparent government financial information.

Time to end the budget shell game in Springfield

Andy Shaw | Crain’s Chicago Business | January 11, 2021

My good government reform colleagues at Truth in Accounting, a small Chicago-based non-profit, point to another little-known factor that deserves consideration and remediation

Lessons in governmental accounting from New Zealand

Truth in Accounting’s YouTube Channel | January 7, 2021

Watch a recording of Truth in Accounting's virtual event about the lessons in governmental accounting from New Zealand, with our experts, including Professor Ian Ball of Victoria University in New Zealand.

Tennessee is well positioned financially

Brett Kittredge | Empower Mississippi | January 6, 2021

Despite not having an individual income tax, few states are in better position financially than our neighbors to the north, Tennessee. They also happen to have one of the strongest economies in the nation and, as a result, are a magnet for new residents looking for higher paying jobs and new opportunities.

Los Angeles seeks $3.9 billion bailout despite paying its ‘tree surgeons’ up to $207,000

Adam Andrzejewski | Zero Hedge | January 5, 2021

The Los Angeles area comprises the Hollywood movie studios, Beverly Hills, Muscle Beach, and a previously booming economy that trailed only New York City and Tokyo. 

Senate approves bipartisan bill to strengthen federal financial management

United States Senate Committee on the Budget | January 4, 2021

The United States Senate this week approved Senate Budget Committee Chairman Mike Enzi (R-WY) and Senator Mark Warner’s (D-VA) legislation, the CFO Vision Act of 2020, S. 3287, to strengthen federal financial management. The bipartisan bill would update the Chief Financial Officers (CFO) Act of 1990. That law established a financial management leadership structure, provided for long-range planning, and required audited financial statements.  

Truth in Accounting interview

Sheila Weinberg | Great.com Talks With … | January 4, 2021

Governments always tell us they have ‘balanced the books’, especially in the run up to elections.

Great.com interviews Truth In Accounting about debunking false government reports

January 4, 2021

Spirit Rosenberg from Great.com interviewed Truth In Accounting as part of their 'Great.com Talks With...' podcast. This series is an antidote to negative news stories that aims to shed light on organizations and experts whose work is making a positive impact on the world.

Citizens deserve the truth about government finances

Sheila Weinberg | December 18, 2020

At a time when state and local governments have to make tough choices due to COVID-related budget shortfalls and the federal government is contemplating more aid in another stimulus package, citizens deserve to know the extent of their governments’ financial troubles now more than ever. 

Public finance watchdogs say Pritzker’s cuts won’t balance budget

Greg Bishop | The Center Square – Illinois | December 17, 2020

While House Speaker Michael Madigan announced an “advisory group” to review Gov. J.B. Pritzker’s proposed cuts, public finance watchdogs said what’s been revealed so far won't balance the budget.

Illinois gets low marks on financial transparency, watchdog group says

Scot Bertram | The Center Square – Illinois | December 16, 2020

Illinois ranks as one of the least financially-transparent states in the nation.

Vermont gets 3rd worst financial transparency score in the country

David Flemming | Ethan Allen Institute | December 15, 2020

Truth in Accounting ranked Vermont 48th out of 50 states in terms of a Financial Transparency Score.  While EAI often discusses what programs should or shouldn't be in state budgets, the results of those budgets are found in a government’s comprehensive annual financial report (CAFR).

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