Audit reports (31 - 40 of 438 items)
Audit of Special Counsel Expenditures for the 6 Months Ended March 31, 2008
GAO-08-1122R: Published: Sep 24, 2008. Publicly Released: Sep 24, 2008.
This report presents the results of our audit of the expenditures of the Office of Special Counsel-Patrick J. Fitzgerald (OSC-Fitzgerald) for the 6 months ended March 31, 2008. The expenditures we audited were those made by the Department of Justice (DOJ) between October 1, 2007, and March 31, 2008, from the permanent, indefinite appropriation (fund) for OSC-Fitzgerald. DOJ determined that the app...
Improper Payments: Responses to Posthearing Questions Related to Status of Agencies' Efforts to Address Improper Payment and Recovery Auditing Requirements
GAO-08-819R: Published: Jun 20, 2008. Publicly Released: Jun 20, 2008.
On January 31, 2008, we testified before Congress' subcommittee at a hearing entitled, "Eliminating Agency Payment Errors." At the hearing, we discussed federal agencies' progress in addressing key requirements of the Improper Payments Information Act of 2002 (IPIA) and Section 831 of the National Defense Authorization Act for Fiscal Year 2002, commonly known as the Recovery Auditing Act. Our revi...
Financial Audit: Material Weaknesses in Internal Control over the Processes Used to Prepare the Consolidated Financial Statements of the U.S. Government
GAO-08-748: Published: Jun 17, 2008. Publicly Released: Jun 17, 2008.
For the past 11 years, since GAO's first audit of the consolidated financial statements of the U.S. government (CFS), certain material weaknesses in internal control and in selected accounting and financial reporting practices have prevented GAO from expressing an opinion on the CFS. GAO has consistently reported that the U.S. government did not have adequate systems, controls, and procedures to p...
Bureau of the Public Debt: Areas for Improvement in Information Security Controls
GAO-08-625R: Published: May 27, 2008. Publicly Released: May 27, 2008.
In connection with fulfilling our requirement to audit the financial statements of the U.S. government, we audited and reported on the Schedules of Federal Debt Managed by the Bureau of the Public Debt (BPD) for the fiscal years ended September 30, 2007 and 2006. As part of these audits, we performed a review of the general and application information security controls over key BPD financial syste...
Governmentwide Accounts Payable
GAO-08-711R: Published: May 20, 2008. Publicly Released: May 20, 2008.
The Government Accountability Office (GAO) is required by the Government Management Reform Act of 1994 to audit the Consolidated Financial Statements of the U.S. Government (CFS). Certain material weaknesses in financial reporting and other limitations on the scope of our work have continued to result in conditions that have prevented us from expressing an opinion on the federal government's accru...
Financial Audit: IRS's Fiscal Years 2007 and 2006 Financial Statement Audits
GAO-08-166: Published: Nov 9, 2007. Publicly Released: Nov 9, 2007.
Because of the significance of Internal Revenue Service (IRS) collections to overall federal receipts and, in turn, to the consolidated financial statements of the U.S. government, which GAO is required to audit, and Congress's interest in financial management at IRS, GAO audits IRS's financial statements annually to determine whether (1) the financial statements are reliable, and (2) IRS manageme...
Financial Audit: Bureau of the Public Debt's Fiscal Years 2007 and 2006 Schedules of Federal Debt
GAO-08-168: Published: Nov 7, 2007. Publicly Released: Nov 7, 2007.
GAO is required to audit the consolidated financial statements of the U.S. government. Due to the significance of the federal debt held by the public to the governmentwide financial statements, GAO has also been auditing the Bureau of the Public Debt's (BPD) Schedules of Federal Debt annually. The audit of these schedules is done to determine whether, in all material respects, (1) the schedules ar...
Single Audit Quality: Actions Needed to Address Persistent Audit Quality Problems
GAO-08-213T: Published: Oct 25, 2007. Publicly Released: Oct 25, 2007.
Federal government grants to state and local governments have risen substantially, from $7 billion in 1960 to almost $450 billion budgeted in 2007. The single audit is an important mechanism of accountability for the use of federal grants by nonprofit organizations as well as state and local governments. However, the quality of single audits conducted under the Single Audit Act, as amended, has be...
Medicare Advantage: Required Audits of Limited Value
GAO-08-154T: Published: Oct 16, 2007. Publicly Released: Oct 16, 2007.
In fiscal year 2006, the Centers for Medicare & Medicaid Services (CMS) estimated it spent over $51 billion on the Medicare Advantage program, which serves as an alternative to the traditional feefor- service program. Under the Medicare Advantage program, CMS approves private companies to offer health plan options to Medicare enrollees that include all Medicare-covered services. Many plans also pr...
Financial Audit: Special Counsel Expenditures for the Six Months Ended March 31, 2007
GAO-07-1205: Published: Sep 28, 2007. Publicly Released: Sep 28, 2007.
This report presents the results of our audit of expenditures reported by the Office of Special Counsel Patrick J. Fitzgerald for the 6 months ended March 31, 2007. The Department of Justice and the independent counsels are required under 28 U.S.C. 594 (d)(2), (h) and 596 (c)(1) to report on a semiannual basis the expenditures from a permanent, indefinite appropriation established within the Depar...