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Accounting for Risk.
- Source :
- CQ Weekly; 5/7/2012, Vol. 70 Issue 18, p942-942, 1p
- Publication Year :
- 2012
-
Abstract
- The article discusses a bill passed by the House in February 2012 requiring the U.S. Congressional Budget Office (CBO) and the Office of Management and Budget (OMB) to adopt fair-value accounting. It cites resistance by OMB to the accounting change since it trim the government's portfolio of loans or cut into other spending and calls for closer examination on the subject. It refers to the U.S. federal government as a desirable creditor which borrows at the lowest interest rates possible.
- Subjects :
- LEGISLATIVE bills
ACCOUNTING
Subjects
Details
- Language :
- English
- ISSN :
- 15215997
- Volume :
- 70
- Issue :
- 18
- Database :
- Complementary Index
- Journal :
- CQ Weekly
- Publication Type :
- Periodical
- Accession number :
- 75357772