Improper Payments Elimination and Recovery Act Risk Assessments of Revenue Programs Are Unreliable


Book Description

In Fiscal Year 2011, Federal agencies reported an estimated $115 billion in improper payments.1 The Improper Payments Information Act of 2002 (hereafter referred to as the Improper Payments Act)2 requires Federal agencies to improve the accuracy and integrity of Federal payments and report on their progress. Figure 1 shows the amount of improper payments reported by Federal agencies since Fiscal Year 2004, the first year that Federal agencies Government-wide were required to report improper payment information under the Improper Payments Act.










Standards for Internal Control in the Federal Government


Book Description

Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers' Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.










Waste, Fraud, and Abuse


Book Description







Encyclopedia of White-Collar and Corporate Crime


Book Description

Since the first edition of the Encyclopedia of White Collar and Corporate Crime was produced in 2004, the number and severity of these crimes have risen to the level of calamity, so much so that many experts attribute the near-Depression of 2008 to white-collar malfeasance, namely crimes of greed and excess by bankers and financial institutions. Whether the perpetrators were prosecuted or not, white-collar and corporate crime came near to collapsing the U.S. economy. In the 7 years since the first edition was produced we have also seen the largest Ponzi scheme in history (Maddoff), an ecological disaster caused by British Petroleum and its subcontractors (Gulf Oil Spill), and U.S. Defense Department contractors operating like vigilantes in Iraq (Blackwater). White-collar criminals have been busy, and the Second Edition of this encyclopedia captures what has been going on in the news and behind the scenes with new articles and updates to past articles.




Preventing and Recovering Medicare Payment Errors


Book Description