United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2007-08-15 monographic deposited born digital 81 p. GA 1.13:GAO-07-993 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-993 P0b002ee18037566b f:d07993 DGPO 2010-08-12 2011-03-23 GAOREPORTS-GAO-07-993 machine generated eng fdlp REPORT GAOREPORTS-GAO-07-993 GAO-07-993 Accountability Federal corporations Federal funds Financial management Financial statement audits Financial statements Fund audits Funds management Internal controls Professional ethics Reporting requirements Risk assessment Accounting standards Policies and procedures Other Written Product A74489

The Legal Services Corporation (LSC) was federally created as a private nonprofit corporation to support legal assistance for low-income people to resolve their civil matters and relies heavily on federal appropriations. Due to its unique status, its governance and accountability requirements differ from those of federal entities and nonprofits. This report responds to a congressional request that GAO review LSC board oversight of LSC's operations and whether LSC has sufficient governance and accountability. GAO's report objectives are to (1) compare LSC's framework for corporate governance and accountability to others', (2) evaluate LSC's governance practices, and (3) evaluate LSC's internal control and financial reporting practices. We reviewed the LSC Act, legislative history, relevant standards and requirements, and LSC documentation and accountability requirements and interviewed board and staff. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-993/html/GAOREPORTS-GAO-07-993.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-993/pdf/GAOREPORTS-GAO-07-993.pdf GAO-07-993 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-993 Other Written Product GAO-07-993; Legal Services Corporation: Governance and Accountability Practices Need to Be Modernized and Strengthened; Accountability Federal corporations Federal funds Financial management Financial statement audits Financial statements Fund audits Funds management Internal controls Professional ethics Reporting requirements Risk assessment Accounting standards Policies and procedures Title 5 Chapter 57 Title 5 Chapter 81 5 U.S.C. Chapter 57 5 U.S.C. Chapter 81 Title 12 Section 1422a(b) 12 U.S.C. 1422a(b) Title 41 Chapter 7 41 U.S.C. Chapter 7 Title 1240 Chapter 33 1240 U.S.C. Chapter 33 Volume 78 Page 508 78 Stat. 508 Volume 80 Page 250 80 Stat. 250 Volume 81 Page 365 81 Stat. 365 Volume 84 Page 1327 84 Stat. 1327 Volume 88 Page 378 88 Stat. 378 Volume 90 Page 1241 90 Stat. 1241 Volume 91 Page 1619 91 Stat. 1619 Volume 92 Page 1101 92 Stat. 1101 Volume 98 Page 1175 98 Stat. 1175 Volume 101 Page 1744 101 Stat. 1744 Volume 102 Page 2515 102 Stat. 2515 Volume 106 Page 949 106 Stat. 949 Volume 109 Page 707 109 Stat. 707 Volume 110 Page 1321 Volume 110 Page 1396 Volume 110 Page 3009 110 Stat. 1321 110 Stat. 1396 110 Stat. 3009 Volume 114 Page 2537 114 Stat. 2537 Volume 116 Page 745 Volume 116 Page 747 Volume 116 Page 2946 116 Stat. 745 116 Stat. 747 116 Stat. 2946 Volume 119 Page 2290 Volume 119 Page 2396 Volume 119 Page 2833 119 Stat. 2290 119 Stat. 2396 119 Stat. 2833 Volume 121 Page 8 121 Stat. 8 Volume 1990 Page 2833 1990 Stat. 2833 Public Law 88-452 Public Law 89-487 Public Law 90-129 Public Law 91-518 Public Law 93-355 Public Law 94-409 Public Law 95-222 Public Law 95-452 Public Law 100-238 Public Law 100-504 Public Law 102-356 Public Law 104-66 Public Law 104-134 Public Law 104-156 Public Law 104-208 Public Law 106-531 Public Law 107-204 Public Law 109-108 Public Law 109-115 Public Law 109-149 Public Law 110-5