Audited Financial Statements: Getting and Sustaining "Clean" Opinions

A stylized illustration features multiple translucent document icons layered over a gradient blue background. The documents appear to float, with faint white lines and geometric shapes adding a sense of depth and technology. No visible text, numbers, or recognizable brands are present in the image.

By

Douglas A. Brook

Visiting Professor, Sanford School of Public Policy

Duke University doug.brook@duke.edu

This report examines how organizational factors and management strategies have affected the ability of federal agencies to generate reliable information for financial statements and achieve unqualified audit opinions. By indentifying successful management strategies, this study offers recommendations about how agencies can better approach the recurring requirements to produce annual audited financial statements. Financial Management

Audited Financial Statements: Getting and Sustaining "Clean" Opinions