Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 376 new people
  • 171 new organizations
  • 408 new photos
  • 1234 job history records for people in our database
  • 653 education records for people in our database
  • 1467 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 3 new people through the revolving door
  • 109 new policy reports
  • 43 new trips to our privately funded travel database
  • 629 new personal financial disclosures
  • 15148 new press releases
  • 11 new town halls
  • 25 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Single Audit: Refinements Can Improve Usefulness

  Premium   Download PDF Now (76 pages)
Report Type Reports and Testimonies
Report Date June 21, 1994
Report No. AIMD-94-133
Subject
Summary:

In 1984, to deal with concern about a lack of accountability in federal financial aid provided to states and local entities, Congress passed the Single Audit Act to promote uniform, entitywide audit coverage of federal assistance. According to state and local government officials interviewed by GAO, the single audit process has contributed to improvements in financial management practices. State and local officials have installed new accounting systems, begun having annual comprehensive financial statement audits, adopted or accelerated the adoption of generally accepted accounting principles, improved systems for tracking federal funds, strengthened administrative controls, and increased oversight. Despite these improvements, a number of issues have created concerns and hinder the usefulness of single audit reports. GAO recommends changing the criteria for selecting which entities and programs should be subject to single audit; revising the form, content, and publication of single audit reports; and improving access to results of single audits by oversight officials and program managers.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com