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1. There are many significant differences between US government budgetary systems with Saudi Arabia government budgetary systems. Based on this statement you are required to make comparison between these two countries difference in term of:
a. Budgetary process
• The formation process• Implementation process• Monitoring and evaluation process
b. Government agency involved in the budgetary process
• The function of ministry of Finance (Saudi Arabia) and Treasury department (US Government)• The responsibility of Auditor General or Auditing Bureau
2. Why do you think each country may have their own practice in term of reporting the government accounting and budgetary system?
3. The report paper should be written in New Times Roman size 12. You require including the reference for any objects you gather either from online resource or other material at the last page of the report paper.
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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