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GAO WatchBlog: “Today we issued a new revision of the Generally Accepted Government Auditing Standards, also known as the “Yellow Book,” which supersedes the 2011 revision of the standards. What kind of training and experience make a competent auditor? How is audit quality control to be maintained? How can an auditor tell if he or …
Artificial Lawyer: “AI will create more jobs than it displaces by boosting economic growth, and in particular more legal jobs will be created than lost in the long run, says a major report by Big Four firm, PwC. The study was focused on the UK, which is a useful standard model to compare to other large, …
Bloomberg News – “Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth cracked $150 billion in New York on Monday, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. Bezos, 54, also has topped Gates in inflation-adjusted …
The Hill: “Special counsel Robert Mueller is asking a federal court in Virginia for 100 blank subpoenas in the case against former Trump campaign chairman Paul Manafort. The request was made in a filing on Wednesday. The subpoenas would require their recipients to testify in the U.S. District Court in Alexandria on July 25, when …
POGO: “Forty years ago, the U.S. Congress enacted the Inspector General Act of 1978. This landmark law established a greater stature for government oversight by our federal watchdogs. Congress granted the government agency inspectors general (IGs) new authorities. The new law promised more powerful, independent, and effective oversight than under previous law. Federal IGs have …
Scientific American: “The only thing worse than being lied to is not knowing you’re being lied to. It’s true that plastic pollution is a huge problem, of planetary proportions. And it’s true we could all do more to reduce our plastic footprint. The lie is that blame for the plastic problem is wasteful consumers and …
Via BGOV: “…A recently revamped federal website designed to make contract spending information publicly accessible is plagued with major data gaps, a watchdog group reports. A new version of the Treasury Department-run USAspending.gov, officially launched March 2, was designed to remedy missing or faulty information on federal contract awards and executive compensation. The site was re-launched under …
EU: “The USA remains the EU’s top trading partner and export market. The EU and US economies account for about half the entire world’s GDP, and for nearly a third of world trade flows. The European Commission reported in 2016 that over 10 million European jobs depend on exports to the USA. This Infographic provides …
News release: “Today [July 3, 2018], Senate Select Committee on Intelligence Chairman Richard Burr (R-NC) and Vice Chairman Mark Warner (D-VA) released the Committee’s unclassified summary of its initial findings on the Intelligence Community Assessment (ICA) on Russian activities in the 2016 U.S. elections. The Committee finds that the overall judgments issued in the ICA …
“Axios has obtained a leaked draft of a Trump administration bill [scroll down to see the text of the bill embedded in this article as referenced] — ordered by the president himself — that would declare America’s abandonment of fundamental World Trade Organization rules. The draft legislation is stunning. The bill essentially provides Trump a …
EveryCRSReport.com: “Social Security is formally known as the Old-Age, Survivors, and Disability Insurance (OASDI) program. This report focuses on the Survivors Insurance component of Social Security. When workers die, their spouses, former spouses, and dependents may qualify for Social Security survivors benefits. This report describes how a worker becomes covered by Survivors Insurance and outlines …
Bloomberg – Walmart, Samsung, Koch Industries and Hermes have built some of the biggest fortunes to ever be handed down between generations. “From Mars bars to Hermes scarves, supermarkets to hotels and data firms to drug makers, the source of this wealth is varied and its scale is startling: more than the market cap of …
