Problems surface in government audits of trillions in grants

If your agency gives grants, you probably know about the Federal Audit Clearinghouse. That's where so-called single audits go. Single audits of spending by non-federal grant or aid recipients are required by law. The Government Accountability Office (GAO) found the whole clearinghouse process, operated by the General Services Administration, has a few problems. Agencies don't have the data they need to do single audits. For the details, Federal Drive Host Tom Temin spoke with GAO's Director of Financial Management and Assurance, Jim Dalkin.
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