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.
What GAO FoundWhy GAO Did This StudyThe Housing and Economic Recovery Act of 2008 established FHFA as an independent agency empowered with supervisory and regulatory oversight of the housing-related government-sponsored enterprises: Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks, and the Office...
In the past 16 years, a number of laws, accounting standards, system requirements, and related guidance have emphasized the need for cost information in the federal government, establishing requirements and accounting standards for managerial cost accounting (MCA) information.
This report reviews trade adjustment assistance and other assistance programs, such as the North American Free Trade Agreement Transitional Adjustment Assistance (NAFTA-TAA) program, to determine if they have helped distressed communities deal with the adverse impacts of trade.
Pursuant to a congressional request, GAO examined the procedures that Federal agencies use for the collection of audit disallowances. This is the third in a series of reports on how Government agencies follow up and resolve findings identified through the audit process.
During the 15 month period which ended September 30, 1976, the Comptroller General approved the designs of 32 executive agency accounting systems. Principles and standards have been approved for 98 percent of the 338 accounting systems which are subject to approval.