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UnitedStates GeneralAccountingOfficeGAOBriefing Report to Selected Congressional CommitteesAprilHOUSING FINANCE1994Characteristics of Borrowers of FHAInsured Mortgages___GAOUnited States General Accounting
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The US General Accounting Office, now known as the Government Accountability Office (GAO), is an independent agency of the US government that provides auditing, evaluation, and investigative services for Congress.
Federal agencies are required to file reports and financial statements with the GAO to ensure accountability and transparency in the use of public funds.
Filing with the GAO typically involves completing specific forms and reports as outlined by the agency, including financial statements and performance audits, which adhere to standard accounting principles.
The purpose of the GAO is to improve the performance and accountability of the federal government by auditing agency operations, assessing the use of public funds, and conducting investigations into governmental issues.
Agencies must report financial data, performance metrics, compliance with laws and regulations, and information on the effectiveness and efficiency of federal programs.
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