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Monday, November 27, 2006

GSA's closed financial books... and an appology

This morning on Federal News Radio, GSA CFO Kathleen M. Turco was on talking about how the agency's fiscal 2006 financial statements earned an unqualified, or “clean,” audit from independent auditors PricewaterhouseCoopers. You can hear Turco in Windows Media Format here.

This is no small step -- for any agency. But it is a particularly significant step for GSA, which has been struggling.

A clean audit, however, does not address the real questions about GSA's financial situation: What is GSA's financial health? For most of this year, FCW has been working to have GSA make its financial data public. We are interested in not only seeing its annual reports. What matters is the real data that provides an indication of GSA's financial health.

-Chris Dorobek, FCW Insider Blog

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