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Only One-Quarter of Agencies Publishing Timely, Accurate Spending Data, Says GAO
NextGov: Nearly three-quarters of federal agencies failed to meet internal auditors’ quality standards when publishing financial data, according to a congressional watchdog.
Under the Digital Accountability and Transparency Act, agencies must use a standard framework when submitting quarterly spending data to the Treasury Department, but the Government Accountability Office found few agencies are submitting complete, timely and accurate information.Nearly three-quarters of federal agencies failed to meet internal auditors’ quality standards when publishing financial data, according to a congressional watchdog.
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