As ordered reported by the House Committee on Veterans’ Affairs on May 6, 2025

FASB

Published: May 9, 2025 . Publicly Released: May 16, 2025 .

Published: May 9, 2025 . Publicly Released: May 16, 2025 .

Managers throughout the government use our Green Book — Standards for Internal Control in the Federal Government—to help them achieve their entity's mission. The Green Book provides the framework for establishing and maintaining an effective internal control system that safeguards public resources. We maintain the Green Book to keep it relevant with changing times. This update provides new requirements and resources to help management address...

The Senate must vote on whether to confirm nominations for generals and admirals. On two occasions since 2020, a Senator put a "hold" on the confirmation process. One hold in 2023 lasted 10 months, affecting 447 nominees. Department of Defense senior leaders said this hold weakened national security. In this Q&A, we found the hold didn't stop military units from completing missions. It did affect...

The U.S. national airspace system is the busiest and most complex in the world, with over 45,000 flights per day. The Federal Aviation Administration Reauthorization Act of 2024 directs FAA on how the agency is to ensure its safety and efficiency. We testified on key areas of this act, our open recommendations to FAA, and our ongoing work in response to several of the act's...

Presidential Drawdown Authority:
Guidance Should Reflect Expanded Use
GAO-25-107475Published: May 15, 2025 . Publicly Released: May 15, 2025 .The President, Congress, and the Department of Defense have expanded the use of Presidential Drawdown Authority beyond the statutory $100 million annual ceiling to provide billions in ammunition, missiles, and other equipment to Ukraine. This Q&A report looks at DOD's implementation of this authority. DOD hasn't updated its guidance to reflect potential risks of sending more equipment from DOD's inventory to foreign partners. Specifically, some...

For 18 of the last 20 years, agencies have been required to analyze their regulations and propose ways to offset the costs of certain regulations. For example, a new regulation that led to an increase in specific spending would require the agency to propose a cut in spending elsewhere of a comparable amount. We looked at the 2-year period when this wasn't required (2021 to...

Leading health organizations recommend women breastfeed for at least 12 months. Yet lactating flight attendants and pilots may not have enough time or private space to pump while on duty. Some airlines let crewmembers use wearable breast pumps while in flight. We looked at how the Federal Aviation Administration has advised airlines to assess potential safety risks of pumps. Other options may include using airport...

Coast Guard:
Progress Made to Address Recruiting Challenges but Additional Actions Needed
GAO-25-107224Published: May 14, 2025 . Publicly Released: May 14, 2025 .The Coast Guard employs over 39,000 active-duty military service members. It must recruit to maintain the size of its workforce. The Coast Guard missed its recruiting targets from 2019-2023. In 2024, it beat its recruiting target after increasing recruiting offices, marketing, and other outreach efforts. The Coast Guard could do more to assess which of these efforts worked. Additional analyses, for example, could help determine...

Coast Guard:
Enhanced Data and Planning Could Help Address Service Member Retention Issues
GAO-25-107869Published: Apr 23, 2025 . Publicly Released: May 14, 2025 .
The Coast Guard's missions include ensuring maritime safety and security. It's hard to retain personnel because they face frequent relocations, their work environments are demanding, and pay and benefits may be better in the private sector. As a result, the Coast Guard has fewer personnel than it needs to meet its operational demands. The Coast Guard identified some retention issues through surveys. But it needs...

Family caregivers provide informal—often unpaid—care to family members in their homes and communities. When these caregivers are children under age 18, it can be uniquely difficult to balance their own needs with caregiving tasks. Federal programs focus on supporting adult family caregivers. In some cases, states and service providers may extend support to younger caregivers. But states and service providers may not know about this...

Schools across the country are concerned about student mental health, especially since the pandemic. DOD schools employ school psychologists and counselors to help meet students' mental health needs. But these staff said they rarely had time to work with students to prevent crises due to competing responsibilities and other challenges. Several DOD programs embed additional mental health services in many DOD schools. But these programs...

States have been increasingly requesting federal assistance through FEMA's Individual Assistance program. This program helps people meet their immediate needs after a disaster, such as shelter. When a state requests this program, FEMA evaluates the request against factors like state fiscal capacity and uninsured home losses and makes a recommendation to the President. The President then approves or denies the request. FEMA provides training and...

Published: May 7, 2025 . Publicly Released: May 14, 2025 .

Published: May 7, 2025 . Publicly Released: May 14, 2025 .

2025 Annual Report:
Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve an Additional One Hundred Billion Dollars or More in Future Financial Benefits [Reissued with revisions on May 13, 2025]
GAO-25-107604Published: May 13, 2025 . Publicly Released: May 13, 2025 .
This is our 15th annual report on federal programs that have fragmented, overlapping, or duplicative goals or actions. We have suggested hundreds of ways to address those problems, reduce costs, or boost revenue. Congressional and agency action in these areas has yielded about $725 billion in cost savings and revenue increases. There are 589 remaining matters for congressional consideration and recommendations to agencies that could...

How did older workers fare in the pandemic? The unemployment rate for workers aged 55-64 peaked at 12.6% in April 2020. It returned to pre-pandemic level of 2.2% by April 2023. Older workers' personal finances—retirement account balances, for example—remained steady during the pandemic. The number of workers at or near full retirement age claiming Social Security benefits initially dropped but then rose above pre-pandemic levels...

IASB

May 2025 Accounting Standards Advisory Forum agenda and meeting papers now available
16 May 2025

Sign up for episode 10 of the ‘Perspectives on sustainability disclosure’ webinar series
15 May 2025

Tokyo Takeaways—Insights from the IFRS Foundation’s 2025 Integrated Thinking and Reporting Conference14 May 2025

New webcast and translations of Exposure Draft on amendments to IFRS S2 now available
14 May 2025

New job openings available
13 May 2025

IFRS Foundation updates going concern educational material to reflect latest developments
13 May 2025

March 2025 IFRS Foundation Trustees meeting summary now available
12 May 2025

IRS

The IRS Reduced Earned Income Tax Credit Examinations in Fiscal Year 2024, but the Process to Mitigate Racial Disparity Needs to Be Defined
May 9, 2025

Assessment of Fiscal Year 2024 Compliance With Improper Payment Reporting Requirements
May 9, 2025