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 Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget (OMB), is required to annually prepare and submit audited financial statements of the U.S. government to the President and the Congress.
Many developing countries have expressed concern about their inability to take advantage of global trading opportunities. The United States considers this ability a key factor in reducing poverty, achieving economic growth, raising income levels, and promoting stability. U.S.
Pursuant to a congressional request, GAO analyzed the efforts to improve the financial sectors of the emerging market countries of Indonesia, South Korea, and Thailand, focusing on: (1) the nature of weaknesses in the countries' financial sectors; (2) the extent to which the countries have achieved reforms...