The Government Accountability Office (GAO) has issued an audit report (https://bit.ly/4drmu79 ) for the IRS’s fiscal year 2023 financial statements. Although the GAO generally believes the agency’s internal controls are effective in preventing misstatements, it cautions about ongoing “significant deficiencies” when it comes to unpaid assessments and information system controls. It also identifies three new deficiencies in security management control, access control and configuration management control. The report recommends actions to address these deficiencies. It also acknowledges that the IRS has completed corrective action for 15 of 51 previously identified issues.
Our Blog 