Financial management (1 - 10 of 36 items) in Custom Date Range
Job Corps: Assessment of Internal Guidance Could Improve Communications with Contractors
GAO-15-93: Published: Jan 22, 2015. Publicly Released: Jan 22, 2015.
In selecting funding transfers and spending cuts to address Job Corps' projected funding gaps in program years 2011 and 2012, the Department of Labor's (DOL) Employment and Training Administration (ETA) considered various factors, including the potential effects on students and recommendations from stakeholders. After considering these factors, ETA used $38 million in funding transfers and impleme...
Federal Workforce: Recent Trends in Federal Civilian Employment and Compensation
GAO-14-215: Published: Jan 29, 2014. Publicly Released: Jan 29, 2014.
From 2004 to 2012, the federal non-postal civilian workforce grew by 258,882 employees, from 1.88 million to 2.13 million (14 percent). Permanent career employees accounted for most of the growth, increasing by 256,718 employees, from 1.7 million in 2004 to 1.96 million in 2012 (15 percent). Three agencies--the Departments of Defense (DOD), Homeland Security (DHS), and Veterans Affairs (VA)--accou...
Recovery Act: Officials' Views Vary on Impacts of Davis-Bacon Act Prevailing Wage Provision
GAO-10-421: Published: Feb 24, 2010. Publicly Released: Mar 24, 2010.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) has the broad purpose of stimulating the economy. It includes substantial appropriations for construction projects that, under the act's prevailing wage provision, are subject to Davis-Bacon Act requirements. That is, contractors must pay laborers and mechanics who work on those projects at least the prevailing wage rates set for th...
Private Pensions: Conflicts of Interest Can Affect Defined Benefit and Defined Contribution Plans
GAO-09-503T: Published: Mar 24, 2009. Publicly Released: Mar 24, 2009.
Conflicts of interest typically exist when someone in a position of trust, such as a pension consultant, has competing professional or personal issues. Such competing interests can make it difficult for pension plan fiduciaries and others, in general, to fulfill their duties impartially and could cause them to breach their duty to act solely in the interest of plan participants and beneficiaries....
Defense Travel System: Overview of Prior Reported Challenges Faced by DOD in Implementation and Utilization
GAO-08-649T: Published: Apr 15, 2008. Publicly Released: Apr 15, 2008.
In 1995, the Department of Defense (DOD) began an effort to implement a standard departmentwide travel system, the Defense Travel System (DTS). This testimony is based on previously issued GAO reports and testimonies that highlighted challenges confronted by DOD in the implementation of DTS. More specifically, today's testimony focuses on prior GAO reporting concerning (1) the lack of quantitative...
Defense Business Transformation: A Full-time Chief Management Officer with a Term Appointment Is Needed at DOD to Maintain Continuity of Effort and Achieve Sustainable Success
GAO-08-132T: Published: Oct 16, 2007. Publicly Released: Oct 16, 2007.
The Department of Defense (DOD) continues to face significant challenges in resolving its many long-standing business challenges. DOD is solely responsible for eight high-risk areas and shares responsibility for another seven governmentwide areas on GAO's high-risk list. GAO designated DOD's approach to business transformation as high risk in 2005 because (1) DOD's improvement efforts were fragmen...
Response to a Posthearing Question Related to GAO's November 16, 2006 Testimony on the Defense Travel System
GAO-07-287R: Published: Dec 19, 2006. Publicly Released: Dec 19, 2006.
On November 16, 2006, GAO testified before the Permanent Subcommittee on Investigations, Committee on Homeland Security and Governmental Affairs, on the results of our audit on the Defense Travel System (DTS). This letter responds to a question from Senator Coburn that we were asked to answer for the record. The question and our response follow.We fully recognize the challenge the Department of De...
Defense Travel System: Reported Savings Questionable and Implementation Challenges Remain
GAO-06-980: Published: Sep 26, 2006. Publicly Released: Sep 26, 2006.
In 1995, the Department of Defense (DOD) began an effort to implement a standard departmentwide travel system. The Defense Travel System (DTS) is envisioned as DOD's standard end-to-end travel system. This report is a follow-up to GAO's January 2006, report which highlighted DTS implementation problems. Because of continued congressional interest in DTS, GAO initiated this follow-up audit under th...
Social Security Reform: Answers to Key Questions
GAO-05-193SP: Published: May 2, 2005. Publicly Released: May 2, 2005.
The sooner our nation acts to address Social Security's long-term financial challenges, the easier it will be to successfully meet them. Once explained, the choices we face are not difficult to understand, but they are difficult to make. They affect both how much Americans pay for Social Security and how much they receive from the program. They require changes that not only will affect us but have...
GAO's 2005 High-Risk Update
GAO-05-350T: Published: Feb 17, 2005. Publicly Released: Feb 17, 2005.
GAO's audits and evaluations identify federal programs and operations that, in some cases, are high risk due to their greater vulnerabilities to fraud, waste, abuse, and mismanagement. Increasingly, GAO also is identifying high-risk areas to focus on the need for broad-based transformations to address major economy, efficiency, or effectiveness challenges. Since 1990, GAO has periodically reported...