HopefullyInLawSchool
16:06
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
General Accounting Office
Read a random definition: Employment Authorization Document (EAD)
A quick definition of General Accounting Office:
General Accounting Office: The General Accounting Office is a part of the government that checks how money is spent by the government. It also helps members of Congress with investigations. The head of the office is called the Comptroller General of the United States. It was created in 1921 by a law called the Budget and Accounting Act. We can call it GAO for short.
A more thorough explanation:
The General Accounting Office (GAO) is an office in the legislative branch of the federal government. Its main responsibility is to audit the receipt and disbursement of U.S. government funds and conduct investigations for members of Congress and congressional committees. The office is headed by the Comptroller General of the United States and was established by the Budget and Accounting Act of 1921.
For example, if a member of Congress wants to investigate how a government agency is spending its budget, they can request the GAO to conduct an investigation. The GAO will then audit the agency's financial records and report back to Congress with their findings.