Reporting Discrepancies With Bailout Program Mostly Eliminated, But System Is Still Not Perfect, GAO Says
zCR - GAO Reports
Copyright © Targeted News Service, 2012
Copyright © Targeted News Service, 2012
2012-02-14
by KEN BLACK
WASHINGTON, Feb. 14 -- The federal government has done an adequate job of managing the Troubled Asset Relief Program, a program that was initiated in response to the economic downturn in 2008, the Government Accountability Office revealed.
In a report titled, "Management Report: Improvements Are Needed in Internal Control over Financial Reporting for the Troubled Asset Relief Program" (Report No. GAO-12-145R) the GAO said many of the significant deficiencies found in 2010 had been . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Feb. 14 -- The federal government has done an adequate job of managing the Troubled Asset Relief Program, a program that was initiated in response to the economic downturn in 2008, the Government Accountability Office revealed.
In a report titled, "Management Report: Improvements Are Needed in Internal Control over Financial Reporting for the Troubled Asset Relief Program" (Report No. GAO-12-145R) the GAO said many of the significant deficiencies found in 2010 had been . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com