GAO Audit Mandates Revision Act of 2018

Bill 115 s 2400, also known as the GAO Audit Mandates Revision Act of 2018, is a piece of legislation that aims to revise and update the mandates of the Government Accountability Office (GAO) in conducting audits of federal agencies and programs. The bill was introduced in the Senate in 2018 and is currently under consideration by the Committee on Homeland Security and Governmental Affairs.

The main purpose of the bill is to streamline and modernize the auditing process conducted by the GAO, in order to improve efficiency and effectiveness in identifying waste, fraud, and abuse in government programs. The bill includes provisions that require the GAO to prioritize audits based on risk assessment and potential impact, as well as to provide recommendations for improving the efficiency and effectiveness of federal programs.

Additionally, the bill aims to enhance transparency and accountability in the auditing process by requiring the GAO to report its findings and recommendations to Congress and the public in a timely manner. The bill also includes provisions that require federal agencies to respond to GAO recommendations and implement corrective actions to address identified issues. Overall, the GAO Audit Mandates Revision Act of 2018 seeks to strengthen the oversight and accountability of federal agencies and programs by updating the mandates of the GAO and improving the auditing process. The bill is currently in the legislative process and may undergo further revisions before being enacted into law.