 The health of the accounts as reported in the Compte rendu boosted confidence among lenders and ordinary people, who saw Necker as a strong financial manager due to his prior experience as a banker; the report bolstered his reputation further.As a consequence, the French government was able to raise new loans to pay for the costs of continued involvement in the American War of Independence.However, Necker's reporting of the accounts obscured the financial problems which the country was facing