Podcasts Government Federal Drive with Tom Temin Internal financial control problems can afflict agencies large and small

Internal financial control problems can afflict agencies large and small

Published: May 30, 2024, 8:19 a.m.

The Federal Housing Finance Agency (FHFA) says it is working to strengthen its internal financial control practices. That is after a Government Accountability Office (GAO) audit found FHFA\u2019s financial statements miscalculated the agencies obligations under the Federal Employee Compensation Act. And the way it happened might offer a cautionary tale for other small agencies. Anne Sit-Williams is a director for financial management and assurance at GAO. She talked about the findings with Federal News Network\u2019s Jared Serbu.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices