FedCFO Search Engine

@FedCFO Twitter Feed

Showing posts with label IG Reform Act. Show all posts
Showing posts with label IG Reform Act. Show all posts

Tuesday, December 30, 2014

Auditors Say Feds Needlessly Wasted $43 Billion

Every year, tens of billions of tax dollars are lost to waste, fraud and abuse within the federal government. But much more could be lost if it wasn't for a team of federal watchdogs tasked with flagging any inefficiencies or wrongdoing within all government programs and projects.
That's according to the Special Council of the Inspectors General on Integrity and Efficiency (CIGIE)—the group in charge of overseeing the 15 presidentially appointed IG's. The group consistently reminds lawmakers of out how the auditors' work saves the federal government billions of dollars each year—despite their annual collective operating budget of over $1 billion. 
This year, CIGIE said that taken together, all of the auditors' recommendations this year would result in about $32 billion in savings, The Washington Examiner first reported. Recommendations typically include telling agencies to ramp up their oversight or come up with a new policy that will help them run more efficiently.
The investigations this year have already resulted in $11 billion that was returned to the Treasury
The IG's total operating budget for 2014 was about $1.6 billion, according to CIGIE's financial audit for 2014.
-Brianna Ehley, CNBC.com
READ MORE...

Tuesday, September 16, 2014

IGs overburdened by congressional mandates, survey finds

Few agencies host blow-out conference extravaganzas. And few feds swipe their government charge cards when paying for personal stuff. But all federal inspectors general spend more of their time worrying about that sort of wrongdoing, thanks to new congressional mandates.

IGs say those must-do's are distracting them from enterprising work that could shed light on riskier agency behavior.

A new survey of 28 inspectors general by the Association of Government Accountants and Kearney & Company P.C. shows IGs are concerned about their effectiveness, as they balance work requirements against tight budgets and difficulties in getting needed information.

Along with the online survey, conducted in June, the researchers interviewed a mix of staff at federal IG offices. The researchers delved more deeply into problems uncovered in a similar survey done a year ago.

-Emily Kopp, FederalNewsRadio.com
READ MORE...

Thursday, August 07, 2014

IGs warn of potential threats to all inspectors general

Inspectors general from 47 agencies are backing three fellow auditors from the Justice Department, the Environmental Protection Agency and the Peace Corps over what they say are limits on access to information put on them by agency senior officials.

In a letter to the leaders of the House Oversight and Government Reform Committee and the Senate Homeland Security and Governmental Affairs Committee, the IGs say auditors from those three agencies recently faced restrictions on their access to certain records.

"In each of these instances, we understand that lawyers in these agencies construed other statutes and law applicable to privilege in a manner that would override the express authorization contained in the IG Act," the IGs wrote. "These restrictive readings of the IG Act represent potentially serious challenges to the authority of every Inspector General and our ability to conduct our work thoroughly, independently, and in a timely manner."

In the letter to the oversight committees, the IGs detail their concerns for each of the three agencies.

The IGs asked for members of Congress to provide a strong reaffirmation of the powers granted them under the IG Act.

Sen. Charles Grassley (R-Iowa) released the letter as part of his long-standing support of IG independence.

Congress has sought to empower IGs even more over the last few years. Sen. Claire McCaskill (D-Mo.) is drafting a bill to give small agency auditors more power.

At a hearing January before the House Oversight and Government Reform Committee, three agency IGs &mash; Justice, Peace Corps and the Small Business Administration — told lawmakers that slashed budgets and dwindling staff sizes are hindering their ability to conduct robust oversight.

Additionally, the Council of the Inspectors General on Integrity and Efficiency (CIGIE) wants Congress to give IGs more authority to use computer matching programs to root out waste, fraud and abuse.

IGs as a group last received a boost in 2008 when Congress passed and then- President George W. Bush signed into law the Inspectors General Reform Act.

-Jason Miller, FederalNewsRadio.com
READ MORE...