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Government Accounting Office

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Government Accounting Office
Also called the GAO. The highest auditing organization within the U.S. federal government. It is responsible for investigating appropriations of funds to ensure they are spent as they ought to be. It also recommends policies that may result in the more efficient use of government money. It was established in 1921 as the General Accounting Office. It is headed by the Comptroller General of the United States.


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Even the Government Accounting Office responsible for auditing all government agencies, has no auditing authority over the Federal Reserve, a private corporation not a government agency.
Even the Government Accounting Office responsible for auditing all government agencies, has no auditing authority over the Federal Reserve, a private corporation not a government agency.
Even the Government Accounting Office responsible for auditing all government agencies, has no auditing authority over the Federal Reserve, a private corporation not a government agency.
 
 
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