To require the establishment of a list identifying program areas and administrative practices presenting the greatest risk to the integrity of Federal funds administered by States and local governments.

Government Audit and Accountability of Federally Funded State-Administered Programs Act This bill requires the Government Accountability Office to report on federally funded state-administered programs (including programs subject to federal single audit requirements) that are at high risk for waste, fraud, and abuse. Specifically, the report must identify program areas and administrative practices that make such programs systematically vulnerable to waste, fraud, and abuse; assess best practices that strengthen the administration of federally funded programs and prevent such vulnerabilities; identify federal tools, resources, and assistance to address vulnerability patterns; and include recommendations for addressing high-risk program areas and administrative practices.