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Search Tags: Gene Dodaro
The Government Accountability Office said it cannot render an opinion on the federal government's 2011 consolidated financial statements due to "widespread material internal control weaknesses, significant uncertainties, and other limitations," according to a GAO release.
Government Accountability Office employees could face six days of furlough this year as the watchdog agency expects a possible cut of $35 to $42 million in its budget compared with last year.
Acting Comptroller General Gene Dodaro recently gave a speech highlighting how this could be accomplished.
There's no such thing as a summer slowdown at the Government Accountability Office. The congressional watchdog agency is in the middle of revamping guidelines on government auditing, while also helping implement health reform, and mapping out priorities for the next five years through its strategic plan.
Texas Democrat's bill would modernize how the government appropriates, measures funding. Agency progress with financial management oversight improves slightly, but still no consolidated audit opinion.
Tags: mngt , Henry Cuellar , Diana Watson , Richard Gregg , DHS , DoD , NASA , House Oversight and Government Reform Committee , GAO , Treasury , Army Corps of Engineers , financial management , audit opinion , CFO Act , Performance based budgeting