Legal Services Corporation: Governance and Accountability Practices Need to Be Modernized and Strengthened Page: 3 of 81
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Results in Brief
LSC Is Subject to Weaker Governance and Accountability
Requirements Than Federal Entities but More Federal Oversight
Than Nonprofit Corporations
LSC's Board Members Are Actively Engaged, but the Board's
Governance Practices Fall Short of Current Practices of
LSC Management Practices Have Not Kept Up with Current
Practices for Key Processes in the Areas of Risk Assessment,
Internal Control, and Financial Reporting
Matter for Congressional Consideration
Agency Comments and Our Evaluation
Appendix I Origin and Creation of the Legal Services
Appendix II Examples of Corporate Governance Guidelines 51
Appendix III Comparison of Other Key LSC Requirements 56
Appendix IV Comparison of Key LSC Governance and
Accountability Requirements 68
Appendix V Comments from the Legal Services Corporation
Board of Directors 72
Comments from the Legal Services Corporation
GAO-07-993 Legal Services Corporation
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United States. Government Accountability Office. Legal Services Corporation: Governance and Accountability Practices Need to Be Modernized and Strengthened, report, August 15, 2007; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc297700/m1/3/: accessed September 25, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.