America’s Least Discussed Annual Report: Why the Financial Report of the United States Government Matters to CPAs
Every year, CPAs review audited financial statements for corporations, nonprofit organizations, pension plans, municipalities, healthcare systems, and financial institutions. Balance sheets, long-term liabilities, internal controls, auditor opinions, and accrual accounting principles are fundamental to the profession’s understanding of financial condition and sustainability. Yet one of the world’s largest and most complex reporting entities—the federal government—produces an audited annual financial report that remains largely outside mainstream financial discussion.
Michael Doorley, CPA | Jul 13, 2026
Additional News
MICPA President and CEO Bob Doyle recently sat down with WJR All Talk guest host Marie Osborne, WWJ New Radio Host Dan Jenkins and The Sunday Edition with Alisa Z to raise public awareness around HB 4893. The outreach is part of MICPA’s ongoing efforts to advocate on behalf of the legislation which, if passed, would add a new pathway to CPA licensure in Michigan
MICPA | Jul 1, 2026
The U.S. Department of Labor’s Payroll Audit Independent Determination, or PAID, program helps businesses avoid costly litigation with self-audit payroll tools and options for correcting wage violations.
MICPA | Jun 23, 2026
Following ongoing MICPA advocacy and member feedback, including discussions with the Michigan Department of Treasury (Treasury) and last week's MICPA State and Local Tax Resource Group meeting, Treasury released new guidance and examples of taxpayer notices generated by its new system.
MICPA | Jun 16, 2026
The Michigan House Finance Committee voted to move forward with two bills aimed at clarifying aspects of the Homestead Property Tax Credit.
MICPA | Jun 16, 2026
News Archive