The Cooperative Audit Resolution and Oversight Initiative (CAROI) provides government officials with a concrete tool to improve programs and to deal with fiscal and programmatic challenges. As an innovative process developed by U.S. Department of Education officials in the mid-1990s, CAROI plays a pivotal role in preventing and resolving audit findings and oversight issues. A special intergovernmental work group created by AGA is pleased to release an updated CAROI guide that expands the process to make it applicable to all federal and state agencies and programs, and to incorporate information on monitoring, technical assistance and other oversight functions.