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Tag Archives: GAO
All About Agency Financial Statement Auditing
Every year, GAO audits selected agencies’ financial statements and the consolidated financial statements of the federal government. We’ve discussed the results of our federal government audit on the WatchBlog before, but we wanted to provide more context on the agency-level … Continue reading
Showing You the Money: GAO’s 2014 Performance and Accountability Report
What is GAO’s audit work worth to you, the taxpayer? Today, we can tell you that in fiscal year 2014, our work led to $54.4 billion in financial benefits—a $100 return for every $1 Congress invested in us. We also … Continue reading
GAO’s Financial Management and Assurance Mission Team
GAO’s workforce is organized largely by subject area, with many of its employees working in 1 of 14 mission teams. Today we’ll be putting the spotlight on the Financial Management and Assurance (FMA) team, which helps improve and transform the … Continue reading
Services for Veterans
As we express gratitude to the men and women who have served in our nation’s military this Veterans Day, we also reflect on how our nation helps prepare service members and veterans for a transition from military to civilian life. … Continue reading
Introducing GAO’s Technical Chiefs
GAO is well known for its financial and performance audits of the federal government. In our pursuit of objective, fact-based information, we often encounter technical issues related to accounting, actuarial science, economics, science, and technology. We have many employees with … Continue reading
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October 29, 2014
Tagged about GAO, accountant, accounting, actuarial science, actuary, ARM, auditing, Center for Science Technology and Engineering, chief accountant, chief actuary, chief economist, chief scientist, chief technologist, economist, experts, GAO, government accountability office, scientist, technical chiefs, technologist, technology assessments, usgao
Podcast on Disaster Loans to Small Businesses Following Hurricane Sandy
On October 29th, 2012, Hurricane Sandy made landfall, causing an estimated $65 billion in property damage. In the wake of the storm, the Small Business Administration (SBA) provided physical and economic injury disaster loans to help businesses and individual homeowners … Continue reading
Maritime Piracy Threatens Some Parts of African Coast
Arghh, matey! September 19 may be International Talk Like a Pirate Day, but modern pirates continue to threaten commercial shipping lanes and fishing boats, particularly along the coasts of Africa. In 2014, we assessed the problem of piracy and the … Continue reading
GAO Receives ‘Clean Opinion’ from International Peer Review
GAO has received a “clean opinion”—the best review possible—from an independent international peer review team that closely examined the agency’s quality assurance system. This year’s review cited GAO’s institutional structures and organizational culture for clearly prioritizing quality and independence, values that … Continue reading
Updated Green Book Standards Help Improve Government Accountability and Performance
In an effort to help all federal agencies improve their performance, GAO has issued the 2014 revision of Standards for Internal Control in the Federal Government, also known as the “Green Book.” The book sets the standards for an effective … Continue reading
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September 10, 2014
Tagged accountability, audit, compliance, control activities, control environment, controls, effectiveness, federal agencies, FMA, GAO, government accountability office, green book, Green Book Advisory Council, information and communication, internal control, monitoring, reliability, reporting, risk assessment, standards, Standards for Internal Control in the Federal Government, usgao
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GAO’s Internship Experience
Update (12/2/14): GAO is currently hiring undergraduate and graduate student interns for summer 2015. Read the position description here and apply by 12/11/14. Original Post (8/14/14): As summer’s barbecues and beach days wind down, so do the experiences of a select … Continue reading