Read the post Got an auditing question? We wrote the book on auditing! March 23, 2023 Ever wonder what makes for a good audit? If you did, you’d want to check out the Yellow Book. It is...
Read the post Federal Financial Statements Continue to Show Serious Management Weaknesses February 22, 2022 Each year, we audit the federal government’s financial statements—including spending, revenues, and...
Read the post The U.S. General Fund – “America’s Checkbook” July 26, 2021 When you make a deposit to or withdraw cash from an ATM, your bank adjusts your account accordingly...
Read the post U.S. Government’s 2020 Financial Statements Reveal Serious Management Weaknesses and Ongoing Efforts to Correct Those Weaknesses March 29, 2021 The federal government has recently issued its 2020 financial statements. These statements provide a...
Read the post Improper Payments on the Rise March 04, 2020 Increasingly, the federal government is making payments it shouldn’t. Improper payments are when the...
Read the post The DATA Act: Checking in on Spending Transparency November 13, 2019 Federal agencies spend over $4 trillion a year. But how that money is spent isn’t always easy to...
Read the post Filing Taxes without Breaking the Bank April 15, 2019 As you may have noticed this tax season, there’s no shortage of options for filing your taxes. For...
Read the post The Nation’s Fiscal Health: A Warning about the Government’s Finances April 10, 2019 Without a change in law or policy, the gap between the amount of money the federal government...
Read the post Did You Know the Government Gets Audited, Too? March 28, 2019 Tax season has many people diligently filing their returns to avoid being audited. While the federal...
Read the post Updating Government Auditing Standards – The 2018 Yellow Book July 17, 2018 Today we issued a new revision of the Generally Accepted Government Auditing Standards, also known...
Read the post Saving Dollar Bills: Reducing Fragmentation, Overlap, and Duplication in Federal Programs April 26, 2018 We released our latest report today on fragmentation, overlap, and duplication in the federal...
Read the post Celebrating 68 Years of Keeping an Eye on Defense August 10, 2017 In 1947, President Truman signed the National Security Act—reorganizing and modernizing the U.S...