May 3, 2021, letter commenting on the International Ethics Standards Board for Accountants’ January 2021 Exposure Draft, “Proposed Revisions to the Definitions of Listed Entity and Public Interest Entity in the Code”

This letter provides GAO’s response to the exposure draft, Proposed Revisions to the Definitions of Listed Entity and Public Interest Entity in the Code. GAO promulgates generally accepted government auditing standards (GAGAS) in the United States. GAGAS provides a … Read More

DOD Acquisition Reform: Increased Focus on Knowledge Needed to Achieve Intended Performance and Innovation Outcomes

What GAO Found

As the Department of Defense (DOD) drives to deliver innovative capabilities faster to keep pace with evolving threats and emerging adversaries, knowledge—about programs’ cost, schedule, and technology—increases the likelihood that these capabilities will be achieved.

GAO annually … Read More