Tag Archives: audit

NASA Inspector General: Audit of the National Aeronautics and Space Administration’s Fiscal Year 2007 Financial Statements

Date Released: Monday, November 26, 2007Source: NASA Office of Inspector General Full Report 15 Nov 2007TO: AdministratorChief Financial OfficerFROM: Inspector GeneralSUBJECT: Audit of the National Aeronautics and Space Administration’s Fiscal Year 2007 Financial Statements (Report No. IG-08-001) Under the Chief … Continue reading

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FederalNewsRadio – Federal CFO Insights – William Collison (FDA)

Leveraging Commercial Best Practices William Collinson,Acting Director, Office of Financial Management, Food and Drug Administration The show will focus on how commercial best practices are being leveraged by federal agencies and what benefits we are starting to see across our … Continue reading

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OMB revises financial audit guidelines

The Office of Management and Budget has revised its guidelines for the minimum requirements for audits of federal financial statements. OMB issued [Bulletin 06-03] today outlining the changes, which include redefining some terms to align them more closely with their … Continue reading

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DoD on path to obtain clean books by 2017

Despite the Defense Department’s poor track record of meeting deadlines for achieving audit readiness, the Pentagon is on a path to meeting what it believes is the current legislative deadline for producing demonstrably clean financial reports, the department’s number two … Continue reading

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Agencies continue to make strides in financial management

All major agencies met financial reporting deadlines for the third year in a row, completing the audit process within 45 days of Sept. 30, the end of fiscal year, the Office of Management and Budget reported Monday. The audit results … Continue reading

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