Financial Management: Challenges Remain in Addressing the Government's Improper Payments
GAO-03-750T
Published: May 13, 2003. Publicly Released: May 13, 2003.
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Highlights
The Subcommittee on Government Efficiency and Financial Management, House Committee on Government Reform asked GAO to testify on the Improper Payments Information Act (PL-107-300) and related draft guidance issued by the Office of Management and Budget (OMB), and on GAO recommendations to agencies on actions they can take to prevent or reduce improper payments.
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Topics
Erroneous paymentsFederal agency accounting systemsFinancial managementInternal controlsRisk managementStrategic planningImproper paymentsFinancial statementsChief financial officersData errors