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news.usni.org /1 month ago

GAO Report on Reorganization of the DoD’s Office of the Director, Operational Test and Evaluation

The following is the June 30, 2026, Government Accountability Office report, Weapon Systems Testing: Reorganization of DOD’s Office of the Director, Operational Test and Evaluation...

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accountingdepartment.com /1 month ago

Outsourced Accounting for Government Contractors: Stay Audit-Ready

TL;DR: Outsourced accounting helps government contractors maintain audit-ready financials by ensuring accurate records, DCAA compliance, and proper cost segregation—without the ove...

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cbsnews.com /2 weeks ago

DOGE's "wall of receipts" riddled with inaccuracies, GAO says

The Government Accountability Office found that DOGE overestimated its savings, among other issues.

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thisdaylive.com /4 weeks ago

Budget Office: How Expenditure Controls Blocked Payment of N1.3bn to Fake Agency

•Insists payroll, overhead, capital votes never matured into lawful spending •Declares Budget Office ordered Finance Ministry, Accountant-General to halt payments •Pledges full coo...

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news.usni.org /1 month ago

GAO Report on Funding for Southern Border Security

The following is the July 13, 2026, Government Accountability Office report, Southern Border Security: DOD Used Multiple Strategies to Fund Operations. From the Report Each year, m...

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thisdaylive.com /1 month ago

Reps Demand Full Disclosure on CBN, NNPCL, Others’ Unremitted Operating Surplus

• Query OAGF over deductions from MDAs Juliet Akoje in Abuja The House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant General of the F...

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executivegov.com /2 weeks ago

GAO Urges Commerce Department to Detail Plans for Semiconductor R&D Programs

GAO found that Commerce canceled awards representing $7.8 billion of the $11 billion for advanced microelectronics R&D activities The watchdog said Commerce lacks plans and tim...

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accountingtoday.com /1 month ago

GA Group adds Dallas forensic accounting firm

Financial services firm Great American Holdings acquired Trampe Settles, which provides business valuation, forensic accounting, due diligence and audit services.

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executivegov.com /1 month ago

CAS Board Finalizes Rule Aligning 4 Cost Accounting Standards With GAAP

The rule, effective Aug. 7, rescinds CAS 408 and 411 in full and most of CAS 404 and 409 It eliminates 68 of the 72 requirements in the four standards, cutting more than 10,000 wor...

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executivegov.com /1 week ago

GSA Watchdog Flags FAS Product Data Gaps Affecting Price Systems

GSA OIG provided six recommendations to address manufacturer and part number discrepancies at the Federal Acquisition Service. The post GSA Watchdog Flags FAS Product Data Gaps Aff...

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news.usni.org /1 month ago

GAO Weapon Systems Annual Assessment to Congress

The following is the July 2, 2026, Government Accountability Office report, Weapon Systems Annual Assessment: Requiring Mature Technologies Could Enable Shift to Rapid Delivery. F...

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executivegov.com /2 weeks ago

Pentagon Seeks Industry Feedback on Contract Accounting Reforms

DOW has opened a call for industry feedback on contract accounting reform The initiative targets alignment between DOW audit rules and GAAP standards The 2026 Navy Summit will expl...

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businessinsider.com /2 weeks ago

DOGE's 'Wall of Receipts' doesn't add up, government auditors say

The Government Accountability Office said some of the savings DOGE claims on its "Wall of Receipts" are either incorrect or don't have evidence.

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executivegov.com /1 month ago

GAO Urges NNSA to Assess Workforce Needs, Update ST&E Facility Investment Plans

GAO has released a report on NNSA’s Integrated ST&E Plan NNSA identified 46 ST&E facility investments enterprisewide NNSA has not updated its ST&E facility investment...

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premiumtimesng.com /1 month ago

Reps direct Accountant-General to disclose CBN, NNPC revenue debts, probe MDA fund withdrawals

The committee demanded explanations over deductions from the accounts of UBEC and other agencies, even as the Accountant General defended the practice as temporary borrowing to mee...

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thecentersquare.com /1 month ago

King County establishes new fiscal watchdog agency

(The Center Square) - In a push for fiscal accountability, members of the King County Metropolitan Council have voted to establish a new Inspector General Division to root out wast...

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premiumtimesng.com /1 month ago

PFIPC has no CBN account, received no funds – OAGF

The OAGF spokesperson explained that the process of opening a CBN account for the PFIPC was never completed because the required documentation to activate the account was not submi...

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natlawreview.com /1 week ago

SEC Creates Financial Reporting and Accounting Unit in Enforcement Division

On Aug. 5, 2026, the Securities and Exchange Commission announced a new specialized unit within its Division of Enforcement focused on accounting and financial reporting fraud, as...

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gov.uk /4 weeks ago

Corporate report: MOD accounting officer system statement 2026

This document sets out the accountability framework for the Ministry of Defence (MOD).

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