GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
The Department of Defense received $500 million for a working capital fund to respond to the COVID-19 pandemic.
The Defense Logistics Agency (DLA) used the funding to help respond to a surge in demand for medical supplies from both DOD and non-DOD customers.
In 2020, the federal government and the state of South Dakota sponsored Fourth of July celebrations and related events in Washington, D.C., and at the Mount Rushmore National Memorial in South Dakota—all during the COVID-19 pandemic.
The Financial Report of the U.S. Government provides a comprehensive view of government finances, including revenues and costs, assets and liabilities, long-term sustainability, and—this year—the financial impact of the federal COVID-19 response.
Suspense accounts are meant to temporarily record transactions that require more research before they are permanently recorded. The Department of Defense has lacked internal controls over its suspense accounts for decades, leading to large balances and costly write-offs.
When the Department of Defense prepares its financial statements each year, transactions that occur between two DOD components (like Army and Navy) must be eliminated from the department-wide statements.
GAO's protocols dictate how we work with the federal agencies we audit. For instance, agencies should assist us in scheduling an initial meeting (an entrance conference) within 14 calendar days of receiving notice that we are about to begin a new audit.
Since 1995, the Department of Defense's financial management has been on our High Risk List. Thousands of audit findings from DOD's department-wide financial statement audits in 2018 show the extent of improvements needed.
Department of Defense financial management has been on our High Risk List since 1995 in part because of deficiencies found in its supporting information systems. DOD uses these systems to report its spending and assets.
Whistleblowers help safeguard the U.S. government from waste, fraud, and abuse. The offices of inspectors general oversee whistleblower complaint investigations and protection from reprisal. We reviewed investigation timeframes, quality assurance, and more at 6 Intelligence Community OIGs.