Annual Report of the U.S.A.: FY 2012 - Softcover

American taxpayers are shareholders in the world’s largest corporation.

If the U.S. were a publicly traded corporation, it would be required to issue an annual report to its shareholders at the time of its annual meeting. Most of these reports are professionally designed, with plenty of graphs and tables to describe exactly how the company got its income and spent its money in the previous year. In addition, corporations in the U.S. are required to complete a 10-K, a detailed report mandated by the Securities and Exchange Commission that includes information on the business’s activities, risk factors, governance, executive compensation, and other topics, along with extensive financial data.

But the U.S. government does not issue an annual report, put on a shareholder’s meeting, or complete anything like a Form 10-K. Despite the substantial annual investments of taxpayer-shareholders, there is no central source of financial information, signed by top federal executives and made publicly accessible. Instead, financial information is spread across thousands of reports on hundreds of websites for departments, agencies, bureaus, boards, commissions, enterprises, and other programs.

The Annual Report of the U.S.A. (ARUSA) brings the experts and sources to you. Interviews with professors at America’s top universities and data extracted from the most relevant documents make an overwhelming volume of information easily digestible for the busy taxpayer. Put simply, ARUSA wants to increase government accountability and transparency with respect to budgetary issues, telling you what happens with your money every year.