It's Time for a Nice, Cold Glass of Lemonade

ABSTRACT

In order for citizens to hold all public officials accountable, they need information from government financial professionals with a solid foundation in S&L governmental accounting and financial reporting. d. All 93,000 government entities, and their accountants and auditors, have concentrated responsibilities on internal controls and technologies. [...]many governmental entities, especially federal agencies, are already leaders in the development, use and implementation of some of the most advanced technologies in the marketplace, including blockchain, artificial intelligence, and robotic process automation. e. Governmental content in the CPA exam never included federal accounting requirements. The CGFM certification will brand its holders as professionals with the requisite knowledge of government financial management. Since the one constant in life is change, many of us made a lot of lemonade from the lemons received in 2020.