Discover how the GAO audits U.S. government spending, improves fiscal responsibility, and its historical evolution and role as Congress's watchdog agency.

The Congressional Budget Office notes the official policy of ignoring risks.

The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events that occur after financial statements are ...

The trustees overseeing the Financial Accounting Foundation have named three new members of the Governmental Accounting Standards Advisory Council and reappointed 11 current members for another term ...