Larry Malenich: CFPB internal controls are deficient

Federal Drive

Larry Malenich: CFPB internal controls are deficient

When it comes to financial management, it didn't take the relatively new Consumer Financial Protection Bureau to get off track. The Government Accountability Office...

July 1, 2016 8:40 am

< a min read

Larry Malenich, director of financial management and assurance issues, GAO

When it comes to financial management, it didn't take the relatively new Consumer Financial Protection Bureau to get off track. The Government Accountability Office found the bureau has significant deficiencies in its internal controls. It has trouble accounting for its property, including software licensing. For the latest, Federal Drive with Tom Temin turns to Larry Malenich, director of financial management and assurance issues at the GAO.