SDK » Analysis, Spectrum

Audit of Bourne Finances – Fiscal Year

Enterprise

Bourne ended the fiscal year of 2009 in a very stable condition, audit states.
There are a lot of things money can do but unless we plan for it effectively, we will not meet our requ9ried goals. Bourne was in charge in the year 2000 and he had a rough time dealing with the financial situation then. He was in a very tight position and lost on the landfill investment as well as the health fund. But there were instances when the money was well managed and was able to construct an elementary school and some basic school construction. He also tapped the reserves and ensured the economy ran well; during the year 2009. This was the time when other countries were really in a financial mess and was able to maintain the financial situation in the right direction.

Sullivan & Rogers CPA stares it was during one of the difficult financial times and although he managed the school situation, it did not help all the financial issues appropriately. However, they state that the situation was held in a very mature and reasonable manner which led to the stable condition. Placing the needs of the citizens fast and ensuring the money was planned in advance was one of the key reasons that made Bourne to succeed. The governed accounts indicate that the financial records were well kept compared to the previous years and one could point out all the projects that were going on.
fiscal years audit

Many firms are stating that the government needs to come up with ways to see proper accounting and track where the money is being put to use and some of the projects that have been done,. This will help the audit firms know what the government is planning and if they are begin implemented as recommended. It will also be ways to find out the financial situation and know the areas to emphasis on. A system needs to be put into place and know all the records like the pension scheme and health matters are in place. At the end of it all, the citizens need ton have better facilities in all areas possible and be able to channel the areas that are not effective or will require a facelift.

The finance members need to form a committee that will see the financial situation matter being looked up more efficiently. In the long run, the committee will know the areas that will need more and more improvements

However, not all think that Bourne did a recommendable job. Some state he could have cleared the health issue since health is a very vital issue. Most emphasis that health matters should not be compromised in any way and it should always top the list.

Most people think it was an improvement and compared to other states, he did a recommendable job in maintaining the financial situation during that year when others were facing a downhill path.
The government accounting needs to be put in place to ensure there is proper way of managing the funds and all the plans are effectively put in place it is important to list all the needs of the community before planning for the financial year.

The overall performance for Bourne was very well received and received positive reviews.