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Search Tags: GAO
Last week the International Monetary Fund cautioned the government on spending. So how bad are federal finances? We ask GAO's Jeanette Franzel
The Defense Department's deputy chief financial officer said Friday that the department believes it will achieve the 2017 deadline to produce auditable financial statements. DoD is approaching the problem in way that makes clear that clean books are not only the responsibility of its accountants, he said.
Comptroller General Gene Dodaro discusses government management and projects on the high-risk list.
GAO's biannual list includes 30 programs that are in trouble. House and Senate members promise to focus more of their attention on the initiatives most at risk. Members plan to use the model that worked for DoD and personnel security clearances in other problematic areas.
Tags: management , Gene Dodaro , Elijah Cummings , Darrell Issa , Josphe Lieberman , Daniel Akaka , Susan Collins , DoD , Census , USPS , Oversight and Government Reform Committee , Homeland Security and Governmental Affairs Committ , High Risk list , personnel security clearances , congressional oversight , 2010 census , cybersecurity , waste, fraud and abuse , Jason Miller
The government watchdog agency highlights 30 areas that are at-risk of major problems or failure. Auditors added Interior's handling of gas and oil resources, but several on-going challenges saw the scope of oversight shrink because of progress agencies have made.
House oversight subcommittee will kick off the financial management agenda next week.
Sen. Tom Coburn (R-Okla.) asked DoD officials to be audit ready in anticipation of budget cuts. GAO has not been able to form an auditable opinion of them in over a decade.
Two years ago a group of Senators asked how effective the Department of Homeland Security was in protecting the border between the U.S. and Canada. The report is in, and the Senators are not happy.
Defense said it would issue new contractor reporting guidance by last August. The GAO says agencies are still waiting.
A GAO report reviews DoD's financial management.