Ongoing Weaknesses Prevent GAO From Providing Opinion on U.S. Government's Financial Statements
January 17, 2025
January 17, 2025
WASHINGTON, Jan. 17 -- The Government Accountability Office issued the following news release:
The Government Accountability Office (GAO) was unable to provide an opinion on the reliability of the federal government's consolidated financial statements for fiscal year 2024 and 2023. This year's audit report stresses the need to address serious deficiencies in federal financial management and address the federal government's unsustainable long-term fiscal path.
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The Government Accountability Office (GAO) was unable to provide an opinion on the reliability of the federal government's consolidated financial statements for fiscal year 2024 and 2023. This year's audit report stresses the need to address serious deficiencies in federal financial management and address the federal government's unsustainable long-term fiscal path.
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