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Classification for Investors 101
February 24, 2019 Table of Contents I. Introduction A. Why Does Classification Matter to the Average Investor? A.1. Private Entity Reporting Exemptions A.2. Government Accounting Exemptions A.3. Government Investment in Varied IndustriesII. How Does Classification Work? The Quick and Dirty Summary. A. What Is Executive Order 13526? B. Classification Authorities C. Classification Standards, Categories, and Levels C.1. Brief Summary of Derivative Classification D….
News Coverage
“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution
Reports on “Unsupported Journal Voucher Adjustments” for DOD & HUD
“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution September 2017 Report Solari Report: Interview with Dr. Mark…
Government Links
“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution U.S. Code The Chief Officers Act of 1990 HUD…
FASAB Statement 56: Understanding New Government Financial Accounting Loopholes
Table of Contents I. IntroductionII. History of the Federal Accounting Standards Advisory Board (FASAB)III. FASAB and Standard 56A. What Does Standard 56 Do?B. Reporting Entities Within the Scope of Standard 56C. Changes to Disclosure Standards Under Standard 56D. Modifications to Avoid Disclosure of Classified InformationE. Reporting on Consolidation EntitiesF. Interpretations Modifying Reporting Standards in…
FASAB Standard 56 and the Authority of the Director of National Intelligence to Waive SEC Financial Reporting
FASAB Standard 56 and the Authority of the Director of National Intelligence to Waive SEC Financial Reporting PDF copy available here. Mark Skidmore 1 November 2020 The purpose of this report is to offer a clear explanation of how two financial reporting exemptions has de facto created a hidden system of finance that runs parallel…