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

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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

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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

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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

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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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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

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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

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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

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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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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

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