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GGD-84-72 1 (1984-07-02)

handle is hein.gao/gaobabeql0001 and id is 1 raw text is: 

                                                                  /q;5O


REPORT BY THE


Comptroller General


OF THE UNITED STATES




Statutory Audit Provisions Applicable To

Federal Financial Assistance Programs




Prior studies by GAO point to the need to
consolidate the multiple statutory financial
audit provisions which impede implemen-
tation of a uniform audit approach for federal
financial assistance programs.

By reviewing authorizing and related legis-
lation affecting 574 federal financial assist-
ance programs, GAO identified 30 statutory
audit provisions requiring or allowing for
the examination of financial or financial and
compliance information. One or more of
these provisions affect 86 programs Seven-
teen of these provisions assign audit respon-
sibility to the grantee of program assistance,
the other 13 generally place the responsi-
bility at the federal level. These provisions
vary as to the scope, frequency and the audit
standards specified

GAO believes this information will be useful
in congressional deliberations on provisions
for audit of federal assistance programs







                                                              124590



                                                                 GAO/GG D-84-72
                                                                   JULY 2, 1984
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