Government Auditing


GOVERNMENT AUDITING

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 ).

SPONSORED REPORT

A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.