Recently, governmental investment policies have been sharply criticized because of some significant losses incurred by certain governments. What is

Recently, governmental investment policies have been sharply criticized because of some significant losses incurred by certain governments. What is the nature of the problem that is being criticized? What should be the role of accounting in determining and reporting investment strategies?

Government policies have been criticized because of their investments in infrastructure andeconomic development not being prudent, well planned and assessed properly for risk as wellas improper...