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Tag Archives: GAO
Tax Expenditures: Spending through the Tax Code
As we near the end of the year, you may be trying to make charitable donations so you can take a tax deduction. The charitable donation deduction is one of many special tax provisions that can reduce the amount of … Continue reading
Posted in Budget and Spending, Government Operations, Infographic, Tax Policy and Administration
Tagged GAO, IRS, SI, tax, tax code, tax credit, tax credits, tax expenditures, taxes
1 Comment
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
Posted in Auditing and Financial Management
Tagged accounting, accounting principles, audits, financial statements, FMA, GAO, internal control, IRS, Treasury
1 Comment
Showing You the Money: GAO’s 2014 Performance and Accountability Report
What is GAO’s audit work worth to you, the taxpayer? Today, we can tell you that in fiscal year 2014, our work led to $54.4 billion in financial benefits—a $100 return for every $1 Congress invested in us. We also … Continue reading
Posted in About GAO, Infographic
Tagged about GAO, accountability, decisions, GAO, Government Accountability Report, infographic, recommendations, reports, testimonies
2 Comments
GAO’s Financial Management and Assurance Mission Team
GAO’s workforce is organized largely by subject area, with many of its employees working in 1 of 14 mission teams. Today we’ll be putting the spotlight on the Financial Management and Assurance (FMA) team, which helps improve and transform the … Continue reading
Services for Veterans
As we express gratitude to the men and women who have served in our nation’s military this Veterans Day, we also reflect on how our nation helps prepare service members and veterans for a transition from military to civilian life. … Continue reading
Introducing GAO’s Technical Chiefs
[We updated this post on February 27, 2019 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
Posted in About GAO
Tagged about GAO, accountant, accounting, actuarial science, actuary, ARM, auditing, Center for Science Technology and Engineering, chief accountant, chief actuary, chief economist, chief scientist, chief technologist, economist, experts, GAO, government accountability office, scientist, technical chiefs, technologist, technology assessments, usgao
6 Comments
Podcast on Disaster Loans to Small Businesses Following Hurricane Sandy
On October 29th, 2012, Hurricane Sandy made landfall, causing an estimated $65 billion in property damage. In the wake of the storm, the Small Business Administration (SBA) provided physical and economic injury disaster loans to help businesses and individual homeowners … Continue reading
Posted in Financial Markets and Institutions, Podcast
Tagged delays, disaster, disaster assistance, Disaster Loan Program, FMCI, GAO, government accountability office, Hurricane Sandy, loans, New Jersey, New York, podcast, SBA, small business, Small Business Administration, Superstorm Sandy, timeliness, usgao
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Maritime Piracy Threatens Some Parts of African Coast
Arghh, matey! September 19 may be International Talk Like a Pirate Day, but modern pirates continue to threaten commercial shipping lanes and fishing boats, particularly along the coasts of Africa. In 2014, we assessed the problem of piracy and the … Continue reading
Posted in Graphic, Homeland Security, Interactive graphic, International Affairs, Justice and Law Enforcement, National Defense
Tagged counterpiracy, Department of Defense, East Africa, GAO, government accountability office, Gulf of Guinea, Horn of Africa, hostage, HSJ, IMB, International Maritime Bureau, maritime crime, Office of Naval Intelligence, piracy, pirate, Somalia, State Department, usgao
1 Comment
GAO Receives ‘Clean Opinion’ from International Peer Review
GAO has received a “clean opinion”—the best review possible—from an independent international peer review team that closely examined the agency’s quality assurance system. This year’s review cited GAO’s institutional structures and organizational culture for clearly prioritizing quality and independence, values that … Continue reading