Download or read book Financial management status of the governmentwide efforts to address improper payment problems written by and published by DIANE Publishing. This book was released on with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Improper payments are a longstanding, widespread, and significant problem in the federal government. This past April, the Office of Management and Budget (OMB)estimated these payments to be about $35 billion annually for major federal benefit programs. Importantly, this estimate does not account for all federal programs and activities and considers less than half of the $2.3 trillion net cost of the federal government for fiscal year 2002. Because of its continued interest and concerns regarding financial management in the federal government, Congress asked GAO to follow-up on the implementation of the recommendations contained in our August 2002 report (GAO-02-749). Our 2002 report recommended that Chief Financial Officers Act (CFO Act) agencies take actions to minimize improper payments in their programs and activities and for OMB to assist agencies in developing methods to identify and implement those actions. OMB described our report as largely fair and accurate. It characterized the administration's current efforts to reduce erroneous payments as the most comprehensive assessment of the government's payment processes in history. The ultimate success of the governmentwide effort to reduce improper payments hinges on each federal agency's diligence and commitment to identify, estimate, determine the causes of, take corrective actions on, measure, and report progress in reducing all improper payments. While each of the 23 CFO Act agencies has assigned responsibility for the improper payment program to a senior official, GAO's discussions with officials at these agencies revealed a wide disparity in the progress made in implementing actions to perform risk assessments, identify and take actions to address internal control problems identified during the risk assessments, and publicly report the results of actions to reduce improper payments. Generally, the 14 CFO Act agencies that OMB Circular A-11 required to report erroneous payment information in their initial budget submissions were more active in conducting risk assessments, implementing corrective actions, and reporting on improper payments than the 9 CFO Act agencies not cited in the circular. Officials at the 14 agencies noted that their agencies had completed risk assessments for 15 of the 44 programs cited in the circular. Of the 9 CFO Act agencies not cited in the circular, officials at only one agency stated that they had completed risk assessments of all of the agency's programs. Not all agencies have implemented control activities to address internal control weaknesses identified through risk assessments designed to identify improper payments. While officials generally acknowledged that they had not fully assessed all of their programs and activities to identify program risks of improper payments, some stated that they had considered those risks when designing or modernizing their program 's general internal control systems. Specifically, officials stated that their agencies were relying on general internal control activities already in place to manage improper payments. Officials at each of the 23 CFO Act agencies stated that their agency would meet the reporting requirements in OMB's guidance on the implementation of the Improper Payments Information Act of 2002. This guidance calls for agencies to report significant amounts of improper payment information in their annual Performance and Accountability Reports. Depending on the agency and program, this reporting can begin as early as the fiscal year 2003 report but not later than the fiscal year 2004 report. OMB has taken actions to address each of our recommendations. It has met with officials from each of the CFO Act agencies to provide assistance and has issued guidance for agencies' use in implementing their improper payment program including the performance of risk assessments, the identification of the causes of improper payments, and the issuance of reports on the results of the actions taken to reduce these payments.
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 2003 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management coordinated approach needed to address the government s improper payments problems written by and published by DIANE Publishing. This book was released on with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Download or read book Financial Management written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-21 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Management: Status of the Government Efforts to Address Improper Payment Problems
Download or read book Improper Payments written by McCoy Williams and published by DIANE Publishing. This book was released on 2008-12 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: On Jan. 31, 2008, the author testified before a Senate Subcommittee at a hearing entitled, ¿Eliminating Agency Payment Errors.¿ At the hearing, he discussed fed. agencies¿ progress in addressing key requirements of the Improper Payments Information Act of 2002 (IPIA) and Section 831 of the Nat. Defense Authorization Act for FY 2002, commonly known as the Recovery Auditing Act. A review and testimony focused on: (1) progress made in agencies¿ implementation and reporting under IPIA for FY 2007; (2) remaining challenges with IPIA implementation; and (3) agencies¿ efforts to report recovery auditing information. This report provides answers to follow-up questions relating to the Jan. 31 2008 testimony.
Download or read book Improper Payments written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-05 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Over the past decade, GAO has issued numerous reports and testimonies highlighting improper payment issues across the federal government as well as at specific agencies. Fiscal year 2011 marked the eighth year of implementation of the Improper Payments Information Act of 2002 (IPIA), as well as the first year of implementation for the Improper Payments Elimination and Recovery Act of 2010 (IPERA). IPIA requires executive branch agencies to annually identify programs and activities susceptible to significant improper payments, estimate the amount of improper payments for such programs and activities, and report these estimates along with actions taken to reduce them. IPERA amended IPIA and expanded requirements for recovering overpayments across a broad range of federal programs. This testimony addresses (1) federal agencies' reported progress in estimating and reducing improper payments; (2) challenges in meeting current requirements to estimate and evaluate improper payments, including the results of GAO's case study of the estimation methodology and corrective actions for the Foster Care program; and (3) possible strategies that can be taken to move forward in reducing improper payments. This testimony is primarily based on prior GAO reports, including the report released today on improper payment estimates in the Foster Care program. It also includes unaudited improper payment information recently presented in"
Download or read book Improper Payments written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, and International Security and published by . This book was released on 2006 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 2000 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management increased attention needed to prevent billions in improper payments report to the chairman of the committee on Governmental Affairs U S Senate written by and published by DIANE Publishing. This book was released on with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 35 Billion and Counting written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency and Financial Management and published by . This book was released on 2004 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Show Me the Tax Dollars written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency and Financial Management and published by . This book was released on 2003 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management billions in improper payments continue to require attention report to the Chairman Committee on Governmental Affairs U S Senate written by and published by DIANE Publishing. This book was released on with total page 76 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 2017-09-21 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improper payments : status of agencies' efforts to address improper payment and recovery auditing requirements : before the Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, Committee on Homeland Security and Governmental Affairs, U.S. Senate
Download or read book Reporting Improper Payments written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, and International Security and published by . This book was released on 2007 with total page 166 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 . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
