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 <subject>Cost control</subject>
 <subject>Financial management</subject>
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 <subject>Performance measures</subject>
 <subject>Productivity in government</subject>
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 <title>GAO Performance and Accountability Highlights: Fiscal Year 2005</title>
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<abstract>This report presents the highlights of GAO&apos;s fiscal year 2005
Performance and Accountability report. In short, fiscal year 2005
was an exceptional year for GAO. For example, we received a clean
opinion from independent auditors on our financial statements and
met or exceeded targets for 10 of 14 key performance measures,	 
while setting or matching all-time records for 3 measures. We	 
documented $39.6 billion in financial benefits--a return of $83  
for every dollar we spent--and over 1,400 nonfinancial		 
benefits--a record for us. The work we did to produce these	 
benefits helped to shape important legislation, such as the	 
Intelligence Reform and Terrorism Prevention Act of 2004 (Pub. L.
No. 108-458), and increase the efficiency of various federal	 
programs, thus improving the lives of millions of Americans. In  
addition, the rate at which our recommendations were implemented 
by the Congress or federal agencies rose to 85 percent in fiscal 
year 2005, and the percentage of our fiscal year 2005 products	 
containing recommendations increased to 63 percent--exceeding the
targets we set for both of these measures this year. In addition,
in the first year that we are reporting our progress on our 8 new
measures related to our people, we met or exceeded the targets	 
for 6 of them related to retention and employee satisfaction. We 
came close to, but did not achieve, the targeted performance	 
related to our new hire rate--the ratio of the number of people  
hired to the number of people we planned to hire--and the	 
percentage of people that accepted our employment offers.</abstract>
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 <topic>Agency missions</topic>
 <topic>Cost control</topic>
 <topic>Financial management</topic>
 <topic>Internal controls</topic>
 <topic>Performance measures</topic>
 <topic>Productivity in government</topic>
 <topic>Quality control</topic>
 <topic>Strategic planning</topic>
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  <title>United States Public Law 458 (108th Congress)</title>
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  <title>United States House Report 577 (108th Congress)</title>
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