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Performance and Accountability Report
[Technical Report, Congressional Report]
GENERAL ACCOUNTING OFFICE WASHINGTON DC
Pagination or Media Count:
It is indeed a pleasure to present GAOs performance and accountability report for fiscal 2002. In the spirit of the Government Performance and Results Act, this annual report informs the Congress and the American people about what we have achieved on their behalf. Importantly, we received a clean opinion from independent auditors on our financial statements for the 16th consecutive year. I am confident that the financial information and the data measuring GAOs performance contained in this report are complete and reliable. The year 2002 was marked by certain new and unprecedented challenges for the federal government. In the aftermath of the September 11, 2001, terrorist attacks and the delivery of anthrax spores through the mail, securing the safety of Americans at home and abroad became the foremost national priority. It was also a year of economic challenges not just falling stock prices, but diminished public confidence in certain corporate institutions and in the ability of government to effectively oversee financial markets. The troubles experienced at Enron and other corporations and the related conduct of auditors and various other parties had far reaching effects. The threat of terrorism and the damage done to Americans economic well-being in 2002 were but two challenges among many- some of them long-standing challenges with which the Congress continues to grapple. The nations changing demographics, the educational needs of its children, the long-term viability of Social Security and Medicare, the rising cost of health care and the millions of Americans who are uninsured, the vulnerability of the governments computer systems to sabotage, the requirements of the armed forces in the face of new threats to national security- these and other challenges continued to engage the attention of the Congress and therefore helped define the years priorities at GAO.
[A, Approved For Public Release]