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Monday, November 21, 2005

Federal Times - Number of clean audits holds steady

Eighteen of the 24 agencies required to file their financial statements with the Office of Management and Budget received clean audits for fiscal 2005, according to results released Nov. 16.

Three agencies - the Justice Department, Housing and Urban Development Department and the Small Business Administration - improved this year to regain their clean audit status. However, the Energy Department, State Department and General Services Administration declined relative to 2004, making the net number of agencies receiving clean audits in 2005 equal to that of the previous year.

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