Tag Archives: accounting

All About Agency Financial Statement Auditing

Every year, GAO audits selected agencies’ financial statements and the consolidated financial statements of the federal government. We’ve discussed the results of our federal government audit on the WatchBlog before, but we wanted to provide more context on the agency-level … Continue reading

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Introducing GAO’s Technical Chiefs

[We updated this post on June 9, 2017 to reflect current chiefs.] GAO is well known for its financial and performance audits of the federal government. In our pursuit of objective, fact-based information, we often encounter technical issues related to … Continue reading

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Government Accountability Office: What’s in a Name?

When we were created in 1921, “GAO” stood for “General Accounting Office.” That year, the Budget and Accounting Act transferred auditing responsibilities, accounting, and claims functions from the Treasury Department to a new agency, independent of the executive branch, with … Continue reading

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