DATA Act: Audit of GAO's Fiscal Year 2020, Fourth Quarter, DATA Act Submission
Fast Facts
The DATA Act requires federal agencies to submit their spending data for reporting on USASpending.gov, a publicly available resource.
GAO OIG contracted with an independent public accounting firm (IPA) to review GAO’s compliance with the DATA Act and assess its DATA Act submission for the fourth quarter of fiscal year 2020. The IPA concluded that GAO’s data submitted for the fourth quarter of FY 2020 was accurate, complete, timely, and of excellent quality. Further, the submission was in accordance with the data standards established by the Office of Management and Budget and the Department of the Treasury. No recommendations were made.
Highlights
Objectives
This is a publication by GAO's Office of Inspector General (OIG). The OIG contracted with the independent certified public accounting firm of Williams Adley to audit GAO's compliance with the Digital Accountability and Transparency Act of 2014 (DATA Act), and produce this report. This report addresses (1) the accuracy, completeness, timeliness, and quality of GAO's Fiscal Year (FY) 2020, fourth quarter financial and award data submitted for publication on USASpending.gov and (2) GAO's implementation and use of the Government-wide financial data standards established by the OMB and the Department of Treasury, as required by the DATA Act of 2014.
What OIG Found
The audit found that GAO's data submitted for the fourth quarter of FY 2020 was accurate, complete, timely, of excellent quality, and in accordance with data standards.