GAO: OMB Should Alter Single Audit Process for Recovery Act Programs

Washington, May 21 – The process for conducting single audits of programs under the American Recovery and Reinvestment Act should be altered to make them more timely and useful, the Government Accountability Office is recommending in the first of a series of reports on how states are implementing Recovery Act funds.

“Under the current approach for risk determination in accordance with Office of Management and Budget Circular A-133, certain risks unique to the Recovery Act programs may not receive full consideration,” the GAO said. “Recovery Act funding carries with it some unique challenges [that make] timely and efficient evaluations in response to the Recovery Act’s accountability requirements critical.”