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

The issue was whether GST applies on amounts deducted as “royalty” from contractors’ bills. It was held that such deductions ...

The Auditor General said the financial year 2024/2025 was a pivotal period as this was the first time that the national and ...

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

After Bondi, public anxiety, political pressure and rising criticism of Israel have collided. As definitions of antisemitism ...

Planning and Finance Department, Wenzhou Medical University, Wenzhou, China. The full implementation of the new Government Accounting System has brought about systematic changes in the financial ...

My first exposure to Santa Barbara came from my weekend military service, each month at the Navy Reserve Center. Looking out at the harbor, the city, and the mountains, I decided I had to move here.

A federal judge in California ruled Monday that the federal government is allowed to share basic information about Medicaid participants with Immigration and Customs Enforcement amid a government push ...

On the Friday before Christmas, the German parliament gave its blessing to the budget proposed by the coalition of the Christian Democrats (CDU/CSU) and Social Democrats (SPD). This marks the launch ...

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 ...

The Legislative Yuan has passed the AI Basic Act in its third reading, designating the National Science and Technology Council (NSTC) as the competent authority (CA). However, questions remain over ...

Besides the above price and valuation changes, another development that caught my attention was the recent news about the company’s $3 billion stock awards to its directors. More specifics of this ...