Single Audit: Single Audit Act Effectiveness Issues

Abstract

As discussed in the report we are releasing today, our work to review agency actions to ensure that recipients take timely and appropriate corrective actions to fix audit findings contained in single audit reports identified a number of fundamental concerns. Education, HUD, and Transportation had procedures in place to establish responsibility for identifying and reviewing single audit findings and for communicating that information to appropriate officials for action. However, the audit files at these agencies generally did not contain documentary evidence that the agencies had prepared management decisions, as required by 0MB Circular A-133, to notify the recipients of the corrective actions the federal agencies deemed necessary to correct the audit findings. Also, the files generally did not contain evidence that agency personnel had evaluated and concluded on the adequacy of the recipients' actions to correct the findings contained in single audit reports.

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Document Details

Document Type
Technical Report
Publication Date
Jun 26, 2002
Accession Number
ADA403039

Entities

People

  • Sally E. Thompson

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Auditing
  • Business Administration
  • Education
  • Federal Budgets
  • Financial Management
  • Governments
  • House Of Representatives
  • Law
  • Local Governments
  • Money
  • National Governments
  • Program Management
  • Quality Control
  • Standards
  • United States
  • United States Government

Readers

  • Government Contracting/Procurement.
  • Library and Information Science
  • Systems Analysis and Design