Complacency, Complicity, or Conspiracy?
Truth in Accounting Blog
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7M ago
You can read the correspondence they received .  And if you would like to join this project and reach out to your elected officials with this information, we welcome the help. Contact Judi at jwillard@truthinaccounting.org so we support you and can track responses.  ..read more
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Government credit ratings ā€“ What do they mean to us?
Truth in Accounting Blog
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7M ago
Employers review our job history, education, references, and credit check to ensure we are someone they can trust. So why should we rely only on credit ratings to asses the financial health of our government? After all, credit ratings are only one tool for taxpayers to evaluate the government's trustworthiness ..read more
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Jefferson County Montana's Financial Position Worsened Despite Federal Funds
Truth in Accounting Blog
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7M ago
A new analysis of the audited financial reports found Jefferson County has a Taxpayer BurdenTM of $500, earning it a ā€œCā€ grade from Truth in Accounting ..read more
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Making Government Annual Comprehensive Reports Easier to Search
Truth in Accounting Blog
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7M ago
The previous two blog posts explained that searching governmental financial reporting statements is difficult. We also discussed that after the stock market crash of 1929, the government made financial reporting for publicly traded companies more transparent. It has been an almost 100-year improvement process in public company reporting starting with the rules promulgated through the SEC in 1933 until today. Now the entire information a company reports is searchable through a programming language called Inline XBRL. We know XBRL is a language to report financial data, but how does it work, and ..read more
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