The 2025 GAO/CIGIE Financial Audit Manual, Volume 3: What’s New and Why It Matters
GAO and CIGIE’s 2025 Financial Audit Manual, Volume 3 updates the Federal Financial Reporting Checklist for FY 2025, incorporating FASAB standards and OMB A-136. Highlights include SFFAS 64-ready MD&A, single-year reporting, enhanced inventory and liabilities disclosures, streamlined leases, and revised payment integrity and trading-partner guidance
The GAO Report on Federal Financial Disclosures
The GAO report on modernizing federal financial disclosures. Recommendations include raising thresholds, simplifying categories, and aligning regulations to enhance transparency and reduce conflicts of interest.
GAO Report Highlights Need for Improved Planning in DOD Financial Systems Transition by USMC
The key findings of the GAO report on the DOD's transition to the Defense Agencies Initiative (DAI) accounting system. Learn about the challenges faced, the importance of comprehensive planning, realistic cost and schedule estimation, and effective change management for successful financial system modernization.