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The Kelly O’Meara Collection

The Kelly O’Meara Collection

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“Without ever using the word ‘money,’ a practice common among inspectors general (IGs), the deputy IG at the Pentagon read an eight-page summary of DOD fiduciary failures.” ~ Kelly O’Meara, 2001 Kelly Patricia O’Meara was the original reporter to break the Missing Money story! Did you ever see the 9/11 testimony when Congresswoman Cynthia McKinney…

FASAB Statement 56: Understanding New Government Financial Accounting Loopholes
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FASAB Statement 56: Understanding New Government Financial Accounting Loopholes

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  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…

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Watch the complete Video HERE or go to our Video page for more on The Missing Money “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.” ~…

Missing Money 2020 Update

Missing Money 2020 Update

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Missing Money Update1 Mark Skidmore* and Catherine Austin Fitts** May 2020 PDF Copy Available Here. Related Documents: In February of 2019, Mark Skidmore and Catherine Austin Fitts published the report “Should We Care about Secrecy in Financial Reporting?” (Skidmore and Fitts, 2019), which provided a review and assessment of the state of federal government financial…