The GAO issues a draft of a strategy guide to help
federal departments and agencies minimize their improper payments. It
includes examples of techniques public- and private-sector
organizations have used to estimate the extent of such payments, the
cost of implementing effective internal control systems and the
effectiveness of corrective actions to date. Comments are due by
August 15 ( www.gao.gov/new.items/d01703g.pdf
).
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100th ANNIVERSARY
Black CPA Centennial, 1921–2021With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.