truth in 2008 blog

Sheila A. Weinberg founded the Institute for Truth in Accounting in 2002. With the Board of Directors, she is responsible for setting the strategic direction for the organization. The Institute’s mission is to encourage private and public entities to produce financial reports that are comprehensive, comprehensible and transparent as well as to inform the public of the importance of truthful accounting. The Institute’s initial focus was to encourage the largest fiscal organization in the world, the U.S. federal government, to become the leader in providing public and elected officials with the financial information needed to make knowledgeable decisions. The Institute has recently expanded its focus to include budgeting and accounting issues of Illinois, as well as other state governments. Weinberg works with members of Congress to bring greater transparency to federal financial reporting.

Running Deficits While Your Budgets Are Balanced
5/19/2008
How do state governments claim their budgets are balanced and run hundreds of millions of dollars of deficits at the same time?
How much will the candidates' plans really cost?
4/27/2008
Voters need to be given an honest calculation of how much the campaign promises will increase annual deficits.
Sheila's Guest Spot on AGA Blog
4/14/2008
Wake Up Accountants! - What Can You Do About Our $53 Trillion Hole
AWOL in Fiscal Planning
3/17/2008
Truth in Accounting's response to Steve Chapman's commentary posted at: wwww.chicagotribune.com
A Salute to CG David Walker
3/12/2008
The Institute for Truth in Accounting commends Comptroller General David Walker on his past and future public service. He bravely went where few, if any, government officials have gone before--he told the truth to the American public.
Washington's Truth Teller Resigns
2/15/2008
Today Comptroller General David Walker announced his retirement as of March 12.
WHAT YOU CAN DO
1/26/2008
ASK THE CANDIDATES QUESTIONS Here are two key questions to ask: ***What are you going to do about our $55 trillion dollar debt?***With what money will you use to pay for your campaign promises?
Dependency on Foreigners Could Lead to Disaster
1/25/2008
Our dependency on foreign capital puts our country at the mercy of countries that may not have our best interest at heart.
Nobody Cares About Failed Audits
1/16/2008
What if Wal-Mart, General Motors, Capital One, Waste Management, Coca Cola and Sprint flunked audits of their financial statements?
Truth in 2008 Challenges Presidential Candidates
1/5/2008
I say the best change would be for the government to stop misleading budget practices.
Bringing Truth to 2008 Campaigns
12/6/2007
I am pleased to announce that the launch of a campaign challenging presidential candidates to address one of our nation's most pressing issues: our skyrocketing national debt.
Governmental Budgeting 1.1
11/23/2007
It all depends on how you count. The U.S. Treasury recently announced a budget deficit of $163 billion for the fiscal year ending Sept. 30, 2007. But how did they determine that amount?
Dancing Around the L Word
11/2/2007
Federal Accounting Standards Advisory Board chair Tom Allen stated,
Hynes Tells the Truth
8/5/2007
Finally the truth is being told by an Illinois constitutional officer. According to various news stories Comptroller Daniel Hynes, the state's chief financial officer, stated that the last four state budgets have been billions of dollars out-of-balanced.
What Can You Do?
We're working to bring the financial truth to the 2008 elections, and we need your help!

 
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