Post your comments on what changed from the Agency’s budget submission. Read the Congressional testimony for your agency. What changed from their original submission? Why?
Part B – 2 pages
1)
Research your Agency’s latest appropriation.
Post a summary of what were they given, were there any special requirements or reports? Explain if (or if not) new programs were required by Congress? Provide details related to any cuts Congress requested, referring to agency programs.
2)
Read the Government Performance and Results Act 2010 (GPRA). Is it a good idea to evaluate federal government agencies? Attached as (PLAW-111publ352 (1))
Post: Should private sector companies have a similar evaluation, or do they? If so, how are they evaluated?
3)
Read your agency’s most recent financial statement and associated Government Performance and Results Act reports.
Post: How is your agency performing? What did their fiscal audit identify? Any weaknesses?
Part C – half page
Read OMB A-123 http://www.whitehouse.gov/omb/circulars_a123_revand the Sarbanes Oxley Act. https://www.sec.gov/about/laws/soa2002.pdf
Post: comments on similarities & differences.
Part D – 1 1/2 page
1)
Read one GAO report for your agency and post a short summary.
2)
Read: Why does the Federal Government have an Inspector General? https://www.ignet.gov/
Compare / Contrast an Inspector General and a Corporate Internal Auditor. Why the differences. If agencies have an Inspector General, why does the General Accountability Office exists?
Posting: How does this differ from CPA role? http://www.gao.gov/about/index.html
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