CargoAdmin, Bureaucrats, Moderators (CommentStreams), fileuploaders, Interface administrators, newuser, Push subscription managers, Suppressors, Administrators
5,230
edits
Consolidated Audit Program: Difference between revisions
no edit summary
(Created page with "{{Program |ProgramName=Consolidated Audit Program |ProgramType=Program |OrgSponsor=U.S. Government Accountability Office, Office of Management and Budget |TopOrganization=Executive Office of the President |CreationLegislation=Chief Financial Officers Act of 1990 (Public Law 101-576), Digital Accountability and Transparency Act of 2014 (Public Law 113-101) |Purpose=The Consolidated Audit Program, administered by the U.S. Government Accountability Office (GAO) in partnersh...") |
No edit summary |
||
| Line 13: | Line 13: | ||
}} | }} | ||
The '''Consolidated Audit Program''', established in 2023 under the Chief Financial Officers Act of 1990 and the Digital Accountability and Transparency Act of 2014, is administered by the Executive Office of the President through the U.S. Government Accountability Office (GAO) and Office of Management and Budget (OMB) to provide a unified audit framework for federal agencies, allocating over $400 million since inception to support approximately 50 agency audits annually by 2025. Initially funded with $75 million, it has grown to distribute $100 million in FY 2025 across 50 initiatives, funding projects like standardized audits for the Department of Defense and data analytics for the Department of Education at federal agencies nationwide.<ref>{{cite web |url=https://www.gao.gov/consolidated-audit-program |title=Consolidated Audit Program |publisher=U.S. Government Accountability Office}}</ref> Despite its impact, challenges like interagency resistance, data integration issues, and funding competition persist (web ID: 4), but it remains a key effort to improve federal financial oversight. | The '''Consolidated Audit Program''', established in 2023 under the Chief Financial Officers Act of 1990 and the [[Digital Accountability and Transparency Act of 2014]], is administered by the [[Executive Office of the President]] through the [[U.S. Government Accountability Office]] (GAO) and [[Office of Management and Budget]] (OMB) to provide a unified audit framework for federal agencies, allocating over $400 million since inception to support approximately 50 agency audits annually by 2025. | ||
Initially funded with $75 million, it has grown to distribute $100 million in FY 2025 across 50 initiatives, funding projects like standardized audits for the Department of Defense and data analytics for the Department of Education at federal agencies nationwide.<ref>{{cite web |url=https://www.gao.gov/consolidated-audit-program |title=Consolidated Audit Program |publisher=U.S. Government Accountability Office}}</ref> Despite its impact, challenges like interagency resistance, data integration issues, and funding competition persist (web ID: 4), but it remains a key effort to improve federal financial oversight. | |||
{{Official URL (simple)|url=https://www.gao.gov/consolidated-audit-program}} | {{Official URL (simple)|url=https://www.gao.gov/consolidated-audit-program}} | ||