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.
3 federal agencies—the Federal Aviation Administration, the Department of Energy’s Office of Science, and the Bureau of Prisons—spent over $50 million in FY 2018 on warehouses, many of which contain property (like vehicles, furniture, and computers).
Federal agencies are increasingly using cloud computing services. Cloud computing offers benefits but also poses cybersecurity risks. OMB requires agencies to use the Federal Risk and Authorization Management Program to authorize their use of cloud services.
What GAO Found As of January 31, 2017, 30 Offices of Inspector General (OIG) had completed Digital Accountability and Transparency Act of 2014 (DATA Act) readiness reviews for their respective agencies, most of which were completed from June 2016 through November 2016.
What GAO FoundFiscal exposures may be explicit in that the federal government is legally required to pay for the commitment; alternatively, it may be implicit in that the exposure arises from expectations based on current policy or past practices.
What GAO FoundDuring our audit of FHFAs fiscal years 2011 and 2010 financial statements, we identified one internal control issue and a continuing issue related to information systems controls that could adversely affect FHFAs ability to meet its internal control objectives.
What GAO Found GAO identified 23 community development tax expenditures available in fiscal year 2010. For example, five ($1.5 billion) targeted economically distressed areas, and nine ($8.7 billion) supported specific activities such as rehabilitating structures for business use.
What GAO Found In GAO’s opinion, FHFA’s fiscal years 2011 and 2010 financial statements are fairly presented in all material respects. GAO also concluded that FHFA had effective internal control over financial reporting as of September 30, 2011.