United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1994-06-21 monographic deposited born digital GA 1.13:AIMD-94-133 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-94-133 P0b002ee180399788 f:ai94133 DGPO 2010-08-12 2011-03-23 GAOREPORTS-AIMD-94-133 machine generated eng fdlp REPORT GAOREPORTS-AIMD-94-133 AIMD-94-133 Auditing standards Financial management systems Local governments Internal controls Intergovernmental fiscal relations Federal aid to localities Auditing procedures Federal aid to states Reporting requirements State governments Census Bureau Federal Audit Clearinghouse Chapter Report AIMD In 1984, to deal with concern about a lack of accountability in federal financial aid provided to states and local entities, Congress passed the Single Audit Act to promote uniform, entitywide audit coverage of federal assistance. According to state and local government officials interviewed by GAO, the single audit process has contributed to improvements in financial management practices. State and local officials have installed new accounting systems, begun having annual comprehensive financial statement audits, adopted or accelerated the adoption of generally accepted accounting principles, improved systems for tracking federal funds, strengthened administrative controls, and increased oversight. Despite these improvements, a number of issues have created concerns and hinder the usefulness of single audit reports. GAO recommends changing the criteria for selecting which entities and programs should be subject to single audit; revising the form, content, and publication of single audit reports; and improving access to results of single audits by oversight officials and program managers. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-94-133/html/GAOREPORTS-AIMD-94-133.htm GAO/AIMD-94-133 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-94-133 Chapter Report GAO/AIMD-94-133; Single Audit: Refinements Can Improve Usefulness; Auditing standards Financial management systems Local governments Internal controls Intergovernmental fiscal relations Federal aid to localities Auditing procedures Federal aid to states Reporting requirements State governments Census Bureau Federal Audit Clearinghouse