GAO Review of Financial Disclosure Reports

= Articles =


 * The GAO's Unheeded Mandate (12/17/2007)

= Law and Regulations =

Title 5 App. Section 108 (http://www.law.cornell.edu/uscode/html/uscode05a/usc_sec_05a_00000108000-.html link)

(a) The Comptroller General shall have access to financial disclosure reports filed under this title for the purposes of carrying out his statutory responsibilities.

(b) No later than December 31, 1992, and regularly thereafter, the Comptroller General shall conduct a study to determine whether the provisions of this title are being carried out effectively.

The Ethics in Government Act of 1989 (HR 3660 of 101st Congress)


 * Added the above text to Title 5 App Section 8.

= GAO Reports =


 * June 6, 2011 letter commenting on the IAASB's January 2011 Discussion Paper, "The Evolving Nature of Financial Reporting: Disclosure and Its Audit Implications," June 6, 2011, A95065


 * Federal Judiciary: Assessing and Formally Documenting Financial Disclosure Procedures Could Help Ensure Balance between Judges' Safety and Timely Public Access, June 30, 2004, [Report not available online from GAO, GAO-04-696NI, but available here]


 * Private Pensions: Opportunities Exist to Further Improve the Transparency of PBGC's Financial Disclosures, March 27, 2006, GAO-06-429. Note: this is not for personal financial disclosure.


 * FINANCIAL DISCLOSURE: Implementation of Statute Governing Senate and Legislative Agency Personnel, March 16, 1994, [GCD-94-77 http://archive.gao.gov/t2pbat4/151010.pdf]


 * FINANCIAL DISCLOSURE: Implementation of Statute Governing House and Legislative Agency Personnel, March 16. 1994, GAO/GGD-94-76


 * FINANCIAL DISCLOSURE: Implementation of Statute Governing Judicial Branch Personnel, April 1993, GAO/GGD-93-85


 * Employee Financial Disclosure: Farm Credit Administration System in Generally Operating Effectively, September 27, 1990, GGD-90-115


 * Tax Administration: IRS Should Expand Financial Disclosure Requirements," August 17, 1992, GGD-92-117


 * FINANCIAL DISCLOSURE: USDA's Systems Limited by Insufficient Tom Management Support, July 13, 1990, GGD-90-100


 * Government Ethics: HUD Financial Disclosure Reports missing or Not Reviewed, February 6, 1990, GGD-90-51


 * FINANCIAL DISCLOSURE: Legislative Branch Systems Improved But Can Be Further Strengthened, September 1989, GAO/GGD-89-103


 * FINANCIAL DISCLOSURE: Navy's Public Disclosure System Generally Works Well but Can Be Improved, July 1989, GAO/NSIAD-89-194


 * ETHICS ENFORCEMENT: Filing and Review of the Attorney General's Financial Disclosure Report, August 1987, GAO/GGD-87-108


 * Statement of Rosslyn Kleeman, Associate Director General Government Division Before the Subcommittee on Oversight of Government Management, Committee of Government Affairs, United States Senate, on Financial Disclosure Provisions of the Ethics in Government Act, April 2, 1985 031655 also this


 * Information On Selected Aspects of the Ethics in Government Act of 1978, February 23, 1983 GAO/FPCD-83-22


 * The Financial Disclosure Process of the Legislative Branch Can Be Improved, March 4, 1981, FPCD-81-20


 * Study of the Senate and House Financial Disclosure Systems, July 19, 1979, available from Sunlight, not GAO: B-130961


 * Proposals Regarding the Federal Reserve Board's Financial Disclosure System, August 12, 1977, FPCD-77-46


 * Federal Trade Commission Needs to Strengthen Rules on Financial Disclosure, July 10, 1978, HRD-78-141


 * Inter-American Foundation's Financial Disclosure System for Its Employees and Its Procurement Practices, June 30, 1976, ID-76-69


 * Financial Disclosure Systems in Banking Regulatory Agencies, March 23, 1977, FPCD-77-29


 * Financial Disclosure Reporting in the Federal Government, March 8, 1977, 100686


 * An Improved Financial Disclosure System, January 26, 1977, FPCD-77-14


 * Problems With the Financial Disclosure System, August 4, 1976, FPCD-76-50


 * Department of the Interior Improves Its Financial Disclosure System for Employees, December 2, 1975, FPCD-75-167

Financial Disclosure System for Employees of the Food and Drug Administration Needs Tightening

FPCD-76-21, Jan 19, 1976 Summary (HTML)  Full Report (PDF, 23 pages)

Management Report: Opportunities for Improvements in the Congressional Award Foundation's Internal Controls and Accounting Procedures

GAO-11-825R, Sep 9, 2011 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 17 pages)   Accessible Text   Recommendations (HTML)

Employee Financial Disclosure: CFTC System Affords Reasonable Protection Against Conflicts of Interest

GGD-91-3, Nov 7, 1990 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 20 pages)     Recommendations (HTML)

The Filing and Review of the Attorney General's Financial Disclosure Report

T-GGD-87-26, Aug 5, 1987 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 16 pages)

Ethics Enforcement: Filing and Review of the Attorney General's Financial Disclosure Report

GGD-87-108, Aug 4, 1987 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 36 pages)

Changes Are Needed To Improve the Management of the Bureau of Land Management's Financial Disclosure System

FPCD-83-16, Oct 18, 1982 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 15 pages)     Recommendations (HTML)

The Geological Survey's Financial Disclosure System Is Adequate but Further Refinements Are Needed

FPCD-82-37, Apr 16, 1982 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 10 pages)

Review of Department of Commerce Actions To Improve Its Financial Disclosure System

FPCD-78-42, Apr 13, 1978 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 4 pages)

The Financial Disclosure Process of the Legislative Branch Can Be Improved

FPCD-81-20, Mar 4, 1981 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 168 pages)     Recommendations (HTML)

Actions Taken by Bank Regulatory Agencies To Improve Their Financial Disclosure Systems

FPCD-78-54, Jul 14, 1978 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 6 pages)

Problems Found in the Financial Disclosure System for Department of Commerce Employees

FPCD-76-55, Aug 10, 1976 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 30 pages)     Recommendations (HTML)

The Federal Deposit Insurance Corporation's Financial Disclosure Regulations Should Be Improved

FPCD-77-49, Jun 1, 1977 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 28 pages)     Recommendations (HTML)

Export-Import Bank's Financial Disclosure System for Employees and Its Procurement Practices

ID-76-81, Oct 4, 1976 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 15 pages)     Recommendations (HTML)

Financial Disclosure for High-Level Executive Officials: The Current System and the New Commitment

FPCD-77-59, Aug 1, 1977 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 56 pages)

Action Needed to Make the Executive Branch Financial Disclosure System Effective

FPCD-77-23, Feb 28, 1977 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 58 pages)     Recommendations (HTML)

The Food and Drug Administration's Financial Disclosure System for Special Government Employees: Progress and Problems

FPCD-76-99, Jan 24, 1977 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 62 pages)     Recommendations (HTML)

Actions Needed To Improve the Federal Communications Commission's Financial Disclosure System

FPCD-76-51, Dec 21, 1976 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 38 pages)     Recommendations (HTML)

Improvements Needed in the Federal Maritime Commission's Financial Disclosure System for Employees

FPCD-76-16, Oct 22, 1975 Summary (HTML)  Full Report (PDF, 19 pages)

Observations on Financial Statement Disclosure and Internal Accounting Control

ID-83-39, Apr 15, 1983 Quick View Quick view toggle   Summary (HTML)   Full Report (PDF, 6 pages)

Improvements Needed in Procurement and Financial Disclosure Activities of the U.S. Railway Association

RED-76-41, Nov 5, 1975 Summary (HTML)  Full Report (PDF, 54 pages)