Other, Independent Agencies (31 - 40 of 63 items)
Year 2000 Computing Crisis: Federal Regulatory Efforts to Ensure Financial Institution Systems Are Year 2000 Compliant
T-AIMD-98-116: Published: Mar 24, 1998. Publicly Released: Mar 24, 1998.
GAO discussed the progress of the federal regulatory agencies in ensuring that the thousands of financial institutions they oversee are ready for the upcoming century date change.GAO noted that: (1) because financial institutions are heavily dependent on information technology, their viability hinges on whether they can successfully remediate systems before the Year 2000 deadline; (2) given this p...
Deferred Maintenance: Reporting Requirements and Identified Issues
AIMD-97-103R: Published: May 23, 1997. Publicly Released: Jun 23, 1997.
Pursuant to a congressional request, GAO reviewed federal reporting requirements and GAO and Inspector General (IG) reports discussing deferred maintenance of government-owned assets.GAO noted that: (1) historically, federal agencies routinely have not been required to report on deferred maintenance; (2) however, new federal accounting standards developed by the Federal Accounting Standards Adviso...
Compendium of Budget Accounts: Fiscal Year 1998
AIMD-97-65: Published: Apr 1, 1997. Publicly Released: Apr 1, 1997.
GAO presented a compendium of fiscal year (FY) 1998 budget accounts to give users a convenient way to: (1) sort through the federal government's fiscal structure; and (2) determine the level of budgetary resources used, estimated, or requested by fiscal year for individual accounts. GAO did not independently verify the data reported for each account, although GAO did reconcile total obligations fo...
Accounting for the Cost of Capital by Federal Entities
D15280: Jul 15, 1996
The Federal Accounting Standards Advisory Board (FASAB) considered the subject of accounting for the cost of capital and invited views and comments from federal agencies and other interested parties on issues related to the potential uses of the cost of capital information in managerial decision making and in the management of costs and assets...
National Consumer Cooperative Bank: Oversight Adequate But Federal Loan Repayment Needs Monitoring
GGD-95-63: Published: Feb 24, 1995. Publicly Released: Feb 24, 1995.
Pursuant to a congressional request, GAO reviewed the safety and soundness of the National Consumer Cooperative Bank (NCB), focusing on whether NCB is: (1) fiscally sound; and (2) able to repay its debt to the Department of the Treasury.GAO found that: (1) NCB is a private, cooperatively-owned financial institution with limited ties to the government; (2) although NCB is overseen by the Farm Credi...
Futures Markets: A Futures Transaction Fee Is Administratively Feasible
GGD-94-40: Published: Oct 28, 1993. Publicly Released: Oct 28, 1993.
Pursuant to a legislative requirement, GAO reviewed the feasibility of implementing a futures transaction fee to fund additional Commodity Futures Trading Commission (CFTC) enforcement and market surveillance activities, focusing on whether the fee will provide CFTC with additional resources to oversee the futures markets.GAO found that: (1) a futures transaction fee is administratively feasible;...
Financial Audit: Panama Canal Commission's 1991 Management Letter
AIMD-93-23ML: Published: Sep 10, 1993. Publicly Released: Sep 10, 1993.
GAO reviewed several Panama Canal Commission (PCC) accounting and internal control procedures that need improvement. GAO found that: (1) the problems, although not material, warrant management's attention; (2) the Department of the Treasury should maintain adequate PCC transaction records and send them to PCC for monthly reconciliations; (3) the Office of Personnel Management should annually updat...
Agriculture's Export Credit Programs: Delays in Accessing Records Relating to Iraq
T-GGD-92-47: Published: May 29, 1992. Publicly Released: May 29, 1992.
GAO discussed its efforts to obtain information and documents concerning reviews of a bank's and Iraq's participation in the Commodity Credit Corporation's General Sales Manager (GSM) 102 and 103 export credit guarantee programs. GAO noted that: (1) its review has been delayed significantly because of some government agencies' reluctance to provide access to required information; (2) the Departmen...
Strategies to Improve Communication Between Program and Financial Managers
156238: May 1, 1992
GAO provided information on the Joint Financial Management Improvement Program's May 1992 conference on improving communications between program and financial managers...
Obligations Limitation: Resolution Trust Corporation's Compliance as of September 30, 1990
AFMD-91-63: Published: May 31, 1991. Publicly Released: Jul 1, 1991.
Pursuant to a congressional request, GAO assessed the Resolution Trust Corporation's (RTC) third-quarter compliance with the maximum RTC obligation limit set forth by the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989, which provided a formula calculating maximum allowable obligations.GAO found that: (1) none of the formula categories required by FIRREA were omitted...