The House brings impeachment charges against federal officials as part of its oversight and investigatory responsibilities. Individual Members of the House can introduce impeachment resolutions like ordinary bills, or the House could initiate proceedings by passing a resolution authorizing an inquiry.
Governmental accounting is an umbrella term which refers to the various accounting systems used by various public sector entities.In the United States, for instance, there are two levels of government which follow different accounting standards set forth by independent, private sector boards.At the federal level, the Federal Accounting Standards Advisory Board (FASAB) sets forth the accounting standards to follow.Similarly, there is the Governmental Accounting Standards Board (GASB) for state and local level government.he governmental accounting system has a different focus for measuring accounting than private sector accounting. Rather than measuring the flow of economic resources, governmental accounting measures the flow of financial resources.
Public finance. A government budget is an annual financial statement presenting the government's proposed revenues and spending for a financial year that is often passed by the legislature, approved by the chief executive or president and presented by the Finance Minister to the nation.