The shadow Pentagon

By Dan Guttman

Private contractors play a huge role in basic government work—mostly out of public view

Excerpts from this story referencing "Audit":

"… sproportionately downsized. As a 2000 Defense Department Inspector General Audit report recorded: "DoD reduced its acquisition workforce from 460,516 to 23 …"

Audit: FEC still in 'significant' danger of hacking

By Dave Levinthal

New audit says federal election agency must improve its IT security or face threat of more incursions.

Excerpts from this story referencing "Audit":

"… into political groups and "sensitive personal identifiable information." Auditors acknowledge that they were unable to determine whether such material "w …"

"… standards, from which FEC officials have maintained the agency is exempt. Auditors also admonish the FEC for not heeding its IT security recommendations f …"

Bipartisan group of lawmakers demands better Pentagon auditing

By Zach Toombs

A Republican-led effort threatens to block major weapons systems if the military services cannot account properly for their expenditures.

State Integrity Investigation cited in Rhode Island flap

By Caitlin Ginley

Auditor resigns over governor's plan to eliminate auditing agency rated highly by State Integrity Investigation

Excerpts from this story referencing "Audit":

"… sed as part of the governor’s  budget.  Rhode Island’s Chief Auditor, H. Chris Der Vartanian,  announced his resignation Wednesday in th …"

"… Wednesday in the wake of Gov. Lincoln Chafee’s plan to cut the Bureau of Audits, citing the state’s ranking as a reason to keep the independent Auditin …"

"… that caused the controversy would transfer the functions of the Bureau of Audits to a different administrative division in the executive branch — one di …"

Treasury Department review of Solyndra loan was rushed, report says

By Chris Hamby

Energy Department didn't involve Treasury Department until loan to now-bankrupt company was largely finalized, report says

State Dept. spends terrorism and emergency dollars on parties, rented linens and a kitchen

By Corbin Hiar

Auditors question some use of special State Dept. fund meant for crises, evacuations and other ‘extraordinary’ needs

Excerpts from this story referencing "Libya":

"… t for urgent needs – such as evacuating diplomats from posts in Egypt or Libya – has been spent on a kitchen renovation, holiday and retireme …"

CFTC watchdog flunks review, cited for sloppy procedures

By Shirley Gao

CFTC watchdog criticized for sloppy procedures, lack of quality control

Six Questions for Kendra Barkoff

Six Questions for...Kendra Barkoff

SEC’s ex-chief accountant: Is agency a lapdog or watchdog?

A former Securities and Exchange Commission official urged the regulator “to get serious about enforcement.”

Excerpts from this story referencing "Lehman Brothers":

"… ff-balance sheet transactions like Repo 105. That was the accounting trick Lehman Brothers used to park as much as $50 billion a quarter overseas to fool investors a …"

Philadelphia Housing Authority spent millions improperly

By Aaron Mehta

The agency in charge of low-income housing for Philadelphia paid $30.5 million to outside law firms over a three-year period and couldn’t fu

Excerpts from this story referencing "Philadelphia":

"… .’ I’d add untenable.” …"

"… o a new audit.The Housing and Urban Development inspector general said the Philadelphia Housing Authority, which made payments to 15 law firms between April 2007 …"

"… ismanagement at more than 3,000 public housing agencies across the country.Philadelphia’s Housing Authority is the fourth largest public housing authority in th …"

Supreme Court leaves most of auditing regulator intact

The U.S. Supreme Court today struck down as unconstitutional some provisions of the Sarbanes-Oxley Act that created an auditing oversight re

No guarantees at the Pension Benefit Guaranty Corporation

By John Solomon

Last November, the federal corporation charged with protecting Americans’ retirement funds issued an ominous public warning: the amount of p

Excerpts from this story referencing "Pension Benefit Guaranty Corporation":

"… sk inside failing companies had more than tripled during the recession.The Pension Benefit Guaranty Corporation’s announcement signaled it might need tens of billions of new dollars to …"

Audit finds poor controls on millions of dollars in Afghan police program

Pentagon discovers overpayments to contractor, potential for waste

Excerpts from this story referencing "Audit":

"… leading defense Audit agency.A November 2009 Audit by the Defense Contract Audit Agency, made public Friday by a Senate subcommittee on contracti …"

Phone fund for schools, libraries riddled with fraud

Government officials say they don't have the resources to fix the Universal Service Fund

Excerpts from this story referencing "Audit":

"… thing that might jeopardize ongoing investigations.FCC Wants To Do Its Own AuditsThe FCC says USAC's Audits have been helpful, but are not an acceptable su …"