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Fiscal Exposures
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Book Synopsis Fiscal Exposures by : Landon P. Merrill
Download or read book Fiscal Exposures written by Landon P. Merrill and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal exposures may be explicit in that the federal government is legally required to pay for the commitment; alternatively, it may be implicit in that the exposure arises from expectations based on current policy or past practices. The federal government's long-term fiscal imbalances are driven on the spending side by the effects of an aging population and rising health care costs on Social Security and major federal health programs. However, GAO identified a variety of other fiscal exposures--responsibilities, programs, and activities that may legally commit or create the expectation for future federal spending--that vary as to source, extent of the government's legal commitment, and magnitude. This book examines selected programs that create a fiscal exposure, including the extent and estimated magnitude of the government's legal commitment; and assesses how fiscal exposures could be better recognized in the budget.
Book Synopsis Fiscal exposures improving the budgetary focus on longterm costs and uncertainties. by :
Download or read book Fiscal exposures improving the budgetary focus on longterm costs and uncertainties. written by and published by DIANE Publishing. This book was released on with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Exposures by : Landon P. Merrill
Download or read book Fiscal Exposures written by Landon P. Merrill and published by Nova Science Publishers. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal exposures may be explicit in that the federal government is legally required to pay for the commitment; alternatively, it may be implicit in that the exposure arises from expectations based on current policy or past practices. The federal government's long-term fiscal imbalances are driven on the spending side by the effects of an aging population and rising health care costs on Social Security and major federal health programs. However, GAO identified a variety of other fiscal exposures -- responsibilities, programs, and activities that may legally commit or create the expectation for future federal spending -- that vary as to source, extent of the government's legal commitment, and magnitude. This book examines selected programs that create a fiscal exposure, including the extent and estimated magnitude of the government's legal commitment; and assesses how fiscal exposures could be better recognised in the budget.
Book Synopsis Fiscal Exposures by : U.s. Government Accountability Office
Download or read book Fiscal Exposures written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-04 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The federal government's long-term fiscal imbalances are driven on the spending side by the effects of an aging population and rising health care costs on Social Security and major federal health programs. However, GAO identified a variety of other fiscal exposures-responsibilities, programs, and activities that may legally commit or create the expectation for future federal spending-that vary as to source, extent of the government's legal commitment, and magnitude. A more complete understanding of these other fiscal exposures can help policymakers anticipate changes in future spending and enhance control and oversight over federal resources. GAO was asked to provide information on risks facing the federal budget. This report (1) examines selected programs that create a fiscal exposure, including the extent and estimated magnitude of the government's legal commitment; and (2) assesses how fiscal exposures could be better recognized in the budget. Based on its review of budget and financial data, GAO selected nine programs, including federal employee benefit programs, insurance programs, and the stock purchase agreements with Fannie Mae and Freddie Mac, and drew upon previous work to discuss potential approaches for improving budgetary attention to fiscal exposures. "
Book Synopsis Fiscal Exposures by : Susan J. Irving
Download or read book Fiscal Exposures written by Susan J. Irving and published by . This book was released on 2013-11-30 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government's long-term fiscal imbalances are driven on the spending side by the effects of an aging population and rising health care costs on Social Security and major federal health programs. However, GAO identified a variety of other fiscal exposures -- responsibilities, programs, and activities that may legally commit or create the expectation for future federal spending -- that vary as to source, extent of the government's legal commitment, and magnitude. A more complete understanding of these other fiscal exposures can help policymakers anticipate changes in future spending and enhance control and oversight over federal resources. This report provides information on risks facing the federal budget. It (1) examines selected programs that create a fiscal exposure, including the extent and estimated magnitude of the government's legal commitment; and (2) assesses how fiscal exposures could be better recognized in the budget. Table and figures. This is a print on demand report.
Book Synopsis Standards for Internal Control in the Federal Government by : United States Government Accountability Office
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Book Synopsis Long-Term Fiscal Outlook by : Gene L. Dodaro
Download or read book Long-Term Fiscal Outlook written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2008-12 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This statement addresses 4 key points: (1) the fed. gov¿t. long-term fiscal outlook is a matter of utmost concern; (2) this challenge is driven primarily by health care cost growth; (3) reform of health care is essential but other areas also need attention which requires a multi-pronged solution; and (4) the fed. gov¿t. faces increasing pressures yet a shrinking window of opportunity for phasing in needed adjustments. The simulations of the fed. gov¿t. long-term fiscal outlook continue to indicate that the long-term outlook is unsustainable. This update combined with an analysis of the fiscal outlook of state and local gov¿ts. demonstrates that the fiscal challenges facing all levels of gov¿t. are linked and should be considered in an integrated manner. Ill.
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781983610912 Total Pages :60 pages Book Rating :4.6/5 (19 download)
Book Synopsis Fiscal Exposures by : United States Government Accountability Office
Download or read book Fiscal Exposures written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-08 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: FISCAL EXPOSURES: Improving Cost Recognition in the Federal Budget
Book Synopsis A Glossary of Terms Used in the Federal Budget Process by :
Download or read book A Glossary of Terms Used in the Federal Budget Process written by and published by DIANE Publishing. This book was released on 1993-12 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: A basic reference document for persons interested in the federal budget-making process. Emphasizes budget terms in addition to relevant economic and accounting terms to help the user appreciate the dynamics of the budget process. Also distinguishes between any differences in budgetary and non-budgetary meanings of terms. Over 300 terms defined. Index. Appendices: overview of the federal budget process, budget functional classification, and more.
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781985034235 Total Pages :50 pages Book Rating :4.0/5 (342 download)
Book Synopsis Fiscal Exposures by : United States Government Accountability Office
Download or read book Fiscal Exposures written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02-05 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal Exposures: Improving the Budgetary Focus on Long-Term Costs and Uncertainties
Download or read book Fiscal Exposures :. written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Long-term Fiscal Challenge: Additional Transparency and Controls Are Needed by :
Download or read book Long-term Fiscal Challenge: Additional Transparency and Controls Are Needed written by and published by DIANE Publishing. This book was released on 2007 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Exposures by : United States. General Accounting Office
Download or read book Fiscal Exposures written by United States. General Accounting Office and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Financial Management by : David M. Walker
Download or read book Federal Financial Management written by David M. Walker and published by DIANE Publishing Inc.. This book was released on 2007-08 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statement of David Walker, Comptroller Gen. of the U.S. The foundation laid by the Chief Financial Officers Act of 1990 & other mgmt. reform legislation provided a much needed statutory basis to improve the accountability of gov¿t. programs & operations. Such reforms were intended to produce reliable, timely, & useful financial information to help manage day-to-day operations & exercise oversight & promote fiscal stewardship. This testimony addresses: (1) the progress made & challenges remaining to improve fed. financial mgmt. practices; & (2) the serious challenges posed by the government¿s deteriorating long-range fiscal condition & Walker¿s views on a possible way forward. Includes recommendations. Charts & tables.
Download or read book Fiscal exposures written by and published by . This book was released on 2013 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Analyzing and Managing Fiscal Risks - Best Practices by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Analyzing and Managing Fiscal Risks - Best Practices written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2016-04-05 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive analysis and management of fiscal risks can help ensure sound fiscal public finances and macroeconomic stability. This has been underscored by the global financial crisis and the more recent collapse in commodity prices, which starkly illustrate the vulnerability of public finances to risk. Indeed, over the past quarter century, governments experienced on average an adverse fiscal shock of 6 percent of GDP once every 12 years, with some of the largest stemming from financial crises. Countries need a more complete understanding of these potential threats to their fiscal position. Existing fiscal risk disclosure and analysis practices tend to be incomplete, fragmented, and qualitative in nature. A more comprehensive and integrated assessment of the potential shocks to government finances, in the form of a fiscal stress test, can help policymakers simulate the effects of shocks to their central forecasts and their implications for government solvency, liquidity, and financing needs. Comprehensive, reliable, and timely fiscal data covering all public entities, stocks, and flows are a necessary foundation for such analysis. Countries should also enhance their capacity to mitigate and manage fiscal risks. Fiscal risk management practices are often blunt, ad hoc, and too focused on imposing limits on the creation of exposures. Countries need to expand their toolkits for fiscal risk management and adopt the use of instruments to transfer, share, or provision for risks. In doing so, countries need to weigh the possible benefits from reducing their exposure to shocks against the financial and other costs of the policies that may be needed. Finally, countries should make greater use of probabilistic forecasting methods when setting long-run objectives and medium-term targets for fiscal policy. The paper illustrates how simple probabilistic tools can be used to map the uncertainty around medium-term trajectories for public debt. In combination with fiscal stress tests, these tools can provide valuable information regarding the probabilities that a country will stay within the debt ceilings embedded in their fiscal rules. The Fund is playing an important role in supporting improvements in fiscal risk analysis and management among its members. This includes technical assistance in constructing public sector balance sheets; developing institutions and capacity to identify specific fiscal risks and to quantify their potential impact; undertaking fiscal stress tests; and integrating risks into the design of medium-term fiscal targets.
Author :United States. Congress. House. Committee on the Budget. Task Force on Urgent Fiscal Issues Publisher : ISBN 13 : Total Pages :152 pages Book Rating :4.0/5 (13 download)
Book Synopsis Hidden Exposure by : United States. Congress. House. Committee on the Budget. Task Force on Urgent Fiscal Issues
Download or read book Hidden Exposure written by United States. Congress. House. Committee on the Budget. Task Force on Urgent Fiscal Issues and published by . This book was released on 1991 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
