Federal News Network | Dawn Simpson

Dawn Simpson

FILE - This June 6, 2019, photo shows the U.S. Treasury Department building at dusk in Washington. The U.S. announced Friday, May 6, 2022, that it is sanctioning North Korean digital currency mixing firm Blender.io, which the country allegedly uses to launder stolen virtual currency and support cyber crimes. (AP Photo/Patrick Semansky, File)

How the Treasury Department plays whack-a-mole with financial weaknesses

The Government Accountability Office says the Treasury Department has made good progress on some deficiencies on financial statements, but new ones have…

Agency Oversight

GAO

GAO says consolidated statements can’t clarify the status of federal finances

Agency Oversight

GAO

Intergovernmental transactions, DoD finance reporting prevent GAO from issuing firm financial assessment

Agency Oversight

30 years after CFO Act, GAO still sees opportunities in financial management

Agency Oversight

CFO Act still not fully implemented by all affected agencies

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