Recent Posts on Financial Management and Assurance

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The U.S. General Fund—Balancing America’s Checkbook

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Federal Government Made an Estimated $162 billion in Improper Payments Last Fiscal Year

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Another Warning About the Nation’s Fiscal Health and Financial Record Keeping

Map showing Ukraine and surrounding countries (Russia to the east; Belarus to the north; Poland, Slovakia, Hungary to the west; Romania and Moldova to the south).

Ukraine Aid is Important, But So is Oversight of This Funding and Assistance

Pie chart showing where improper payments were made --Medicare, Medicaid, the Paycheck Protection Program, and federal Pandemic Unemployment comprised about 20% each. All other programs were under 20% total.

Federal Government Made $236 billion “Improper Payments” Last Fiscal Year

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A Warning About the Nation’s Fiscal Health

Photo of the Yellow Book GAO's Government Auditing Standards

Updating Government Auditing Standards—The 2024 Yellow Book

$100 bills. Source: Harry HU/stock.adobe.com.

Protecting Emergency Assistance Funding from Payment Errors, Including Fraud

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Federal Payment Errors, Known As Improper Payments, Are A Continuing Concern

Photo of the Yellow Book GAO's Government Auditing Standards

Got an auditing question? We wrote the book on auditing!

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Federal Spending Data Quality—Is This As Good As It Gets? Auditors Say It Can Be Better

Illustration showing Congress in the foreground and money in the background where clouds should be.

Federal Financial Statements Continue to Show Serious Management Weaknesses