Search results
Results from the WOW.Com Content Network
The United States Government Accountability Office (GAO) is an independent, nonpartisan government agency within the legislative branch that provides auditing, evaluative, and investigative services for the United States Congress. [2] It is the supreme audit institution of the federal government of the United States.
The Federal Audit Clearinghouse (FAC) is an office within the United States federal government.In compliance with the U.S. Office of Management and Budget (OMB) Circular A-133 Revised, the FAC is in charge of receiving, processing and distributing to U.S. federal agencies the Single Audit reporting packages of thousands of recipients of federal assistance.
As of May 19, 2021, the DoD was the only government agency to have failed every audit since all government agencies were required to pass such audits by the Chief Financial Officers Act of 1990. [1] [2] Two examples of major GAO investigations in the 2000s were the audits of Operation Iraqi Freedom and Defense Department airline reimbursements.
The Louisiana Legislative Auditor's Office compiled the reports from local and statewide agencies to find issues in the first quarter of fiscal 2025. There were three state agencies with deficiencies.
The Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as the "Yellow Book", are produced in the United States by the Government Accountability Office (GAO). The standards apply to both financial and performance audits of government agencies. Five general standards are included: Independence; Due care
SIGAR's Special Projects team was created to examine emerging issues and deliver prompt, actionable reports to federal agencies and the Congress. Special Project's reports cover a wide range of programs and activities and the office is made up of auditors, analysts, investigators, lawyers, subject-matter experts and other specialists who can ...
Transmitting a Semiannual Report to the Congress that is available to the public. DoD IG is authorized “to have access to all records, reports, audits, reviews, documents, papers, recommendations, or other material available to [any DoD component] which relate to programs and operations [of the Department of Defense]”. (IG Act 6.a.1).
"The Pentagon, with a budget of $886 billion, just failed its 7th audit in a row. It's lost track of billions," he said. "Last year, only 13 senators voted against the Military Industrial Complex ...