Review the federal budget and the budget tables for the U.S. federal government. Prepare a Microsoft power point presentation focusing on the federal budget for fiscal year 2015.

Answer the following:

What are the total revenues and expenditures projected for fy15 is the fy15 budget projecting a surplus or a deficit in spending, and by how much

What are the key sources of revenue for the federal government what are the primary expenditures for the federal government?

What is the current national debt? How much is the national debt per citizen and per taxpayer. Is this a problem? Why? Why not?

How can the federal government reduce the national debt? Keep your ideas realistic.

Prepare a paper o that addresses the following topics:

What roles do accountants play in managing government and not-for-profit organizations? How are government and not-for-profit organizations audited? Be sure to include the different types of audits. Describe the single-audit act and how it impacts government financial reporting and accounting