Download or read book Department of Energy written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-23 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, incidents of fraud by DOE contractors have occurred. From 2003 through 2008, employees of one contractor at DOE's Hanford site in Washington state made hundreds of fraudulent purchases and solicited and received kickbacks. In another case, Hanford contractors agreed to pay a combined $125 million to settle disputed claims regarding federal dollars spent on nonnuclear-compliant parts. To help federal program managers combat fraud, in July 2015, GAO issued leading practices for managing fraud risks. GAO was asked to review DOE's processes, programs, and practices for managing its risk of fraud. This report examines (1) DOE's approach to managing its risk of fraud and other improper payments and challenges, if any, that may limit the effectiveness of this approach; (2) the extent to which DOE's approach incorporates leading practices; and (3) the application of data analytics in identifying potential indicators of fraud or other improper payments associated with selected DOE contracts.
Download or read book Department of Energy written by U S Government Accountability Offi Gao and published by . This book was released on 2019-06-21 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: DEPARTMENT OF ENERGY: Use of Leading Practices Could Help Manage the Risk of Fraud and Other Improper Payments
Download or read book Department of Energy Use of Leading Practices Could Help Manage the Risk of Fraud and Other Improper Payments written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-26 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Department of Energy, use of leading practices could help manage the risk of fraud and other improper payments: report to the Ranking Member, Committee on Homeland Security and Governmental Affairs, U.S. Senate " Over the past decade, incidents of fraud by DOE contractors have occurred. From 2003 through 2008, employees of one contractor at DOE's Hanford site in Washington state made hundreds of fraudulent purchases and solicited and received kickbacks...
Download or read book Department of Energy Use of Leading Practices Could Help Manage the Risk of Fraud and Other Improper Payments written by United States. Government Accountability Office and published by . This book was released on 2017 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Improper Payments written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improper payments are a significant problem in the federal government. To address this problem, IPERA requires that federal agencies review their programs and identify those that are susceptible to significant improper payments-a process known as a risk assessment. DOE's history of inadequate management and oversight of its contractors led GAO to designate DOE's contract management as a high-risk area vulnerable to fraud, waste, abuse, and mismanagement. However, DOE reported that it does not have any programs susceptible to significant improper payments. GAO was asked to review DOE's internal control environment, as it relates to IPERA, to determine whether the department was at low risk for significant improper payments. This report examines the extent to which DOE assessed its programs' risks for improper payments in fiscal years 2011 through 2013. GAO reviewed IPERA, analyzed all risk assessments and related information for this period, and interviewed DOE officials and six contractors selected to represent the types of contractor payments made.
Download or read book Improper Payments written by David C. Trimble and published by . This book was released on 2015-02-02 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improper payments are a significant problem in the federal government. To address this problem, the Improper Payments Elimination and Recovery Act of 2010 (IPERA) requires that federal agencies review their programs and identify those that are susceptible to significant improper payments -- a process known as a risk assessment. The Department of Energy's (DOE's) history of inadequate management and oversight of its contractors led GAO to designate DOE's contract management as a high-risk area vulnerable to fraud, waste, abuse, and mismanagement. However, DOE reported that it does not have any programs susceptible to significant improper payments. This report reviewed DOE's internal control environment to determine whether the department was at low risk for significant improper payments. It examines the extent to which DOE assessed its programs' risks for improper payments in fiscal years 2011 through 2013. This is a print on demand report.
Download or read book Strategies to Manage Improper Payments written by Tom Broderick and published by DIANE Publishing. This book was released on 2001-12 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government of the U.S. -- the largest and most complex organization in the world -- expended approximately $1.8 trillion dollars in FY 2000. As the steward of taxpayer dollars, it is accountable for how its agencies and grantees spend those funds, and is responsible for safeguarding against improper payments -- payments that should not have been made or that were made for incorrect amounts. This executive guide is intended to identify effective practices and provide case illustrations and other information for federal agencies' consideration when developing strategies and planning and implementing actions to manage improper payments in their programs.
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Download or read book Improper Payments Actions and Guidance Could Help Address Issues and Inconsistencies in Estimation Processes written by United States. Government Accountability Office and published by . This book was released on 2018 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Government s Continuing Efforts to Improve Financial Management written by United States. Congress. House. Committee on Government Reform and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2017-07-27 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Contractor Accountability at Department of Energy Nuclear Facilities written by United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee and published by . This book was released on 1991 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Follow the Money Part I and Part II written by United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Investigations and Oversight and published by . This book was released on 2009 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Legislative Proposals to Promote Electronic Health Records and a Smarter Information System written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Health and published by . This book was released on 2006 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Enterprise Risk Management written by John R. S. Fraser and published by John Wiley & Sons. This book was released on 2010-01-07 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential insights on the various aspects of enterprise risk management If you want to understand enterprise risk management from some of the leading academics and practitioners of this exciting new methodology, Enterprise Risk Management is the book for you. Through in-depth insights into what practitioners of this evolving business practice are actually doing as well as anticipating what needs to be taught on the topic, John Fraser and Betty Simkins have sought out the leading experts in this field to clearly explain what enterprise risk management is and how you can teach, learn, and implement these leading practices within the context of your business activities. In this book, the authors take a broad view of ERM, or what is called a holistic approach to ERM. Enterprise Risk Management introduces you to the wide range of concepts and techniques for managing risk in a holistic way that correctly identifies risks and prioritizes the appropriate responses. This invaluable guide offers a broad overview of the different types of techniques: the role of the board, risk tolerances, risk profiles, risk workshops, and allocation of resources, while focusing on the principles that determine business success. This comprehensive resource also provides a thorough introduction to enterprise risk management as it relates to credit, market, and operational risk, as well as the evolving requirements of the rating agencies and their importance to the overall risk management in a corporate setting. Filled with helpful tables and charts, Enterprise Risk Management offers a wealth of knowledge on the drivers, the techniques, the benefits, as well as the pitfalls to avoid, in successfully implementing enterprise risk management. Discusses the history of risk management and more recently developed enterprise risk management practices and how you can prudently implement these techniques within the context of your underlying business activities Provides coverage of topics such as the role of the chief risk officer, the use of anonymous voting technology, and risk indicators and their role in risk management Explores the culture and practices of enterprise risk management without getting bogged down by the mathematics surrounding the more conventional approaches to financial risk management This informative guide will help you unlock the incredible potential of enterprise risk management, which has been described as a proxy for good management.
