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Ensuring Accountability In a Time of Financial and Fiscal Stress

GAO-09-930CG Published: Aug 10, 2009. Publicly Released: Aug 10, 2009.
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Highlights

This is a Comptroller General Presentation delivered to the American Institute of CPAs in Washington, D.C. on August 10, 2009. Major topics of this presentation include: the American Recovery & Reinvestment Act, financial institutions and markets, long-term fiscal outlook, reporting objectives, and the U.S. Financial Reuglatory System.

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AccountabilityCommunicationConsumer protectionFederal aid to localitiesFederal aid to statesFederal fundsstate relationsFinancial institutionsFinancial managementFinancial statement auditsFinancial statementsFund auditsFunds managementInternal controlsMonitoringRecessionReporting requirementsRisk factorsRisk managementTransparencyCost estimates