Other, Independent Agencies (41 - 50 of 63 items)
Financial Audit: Resolution Funding Corporation's 1989 Financial Statements
AFMD-91-49: Published: Apr 2, 1991. Publicly Released: Apr 2, 1991.
GAO examined the Resolution Funding Corporation's financial statements for the fiscal year December 31, 1989.GAO found that: (1) the Funding Corporation's $4 billion deficit represented the difference between the actual cost and ultimate maturity value of its investment in certain Department of the Treasury securities; (2) the deficit would be eliminated over time as the securities matured; (3) as...
Financial Management: Internal Control Weaknesses in FRA's Civil Penalty Program
RCED-91-47: Published: Dec 26, 1990. Publicly Released: Dec 26, 1990.
GAO reviewed financial management weaknesses in the Federal Railroad Administration's (FRA) civil penalty program.GAO found that: (1) inadequate recordkeeping made it difficult for the FRA Office of the Chief Counsel (OCC) to determine which railroads responded to notifications of safety violations and potential civil penalty assessments; (2) the FRA Office of Financial Services (OFS) did not esta...
U.S. Employees Health Benefits: Status of Contractor's Nonlegislative Recommendations to Reduce Costs
HRD-89-6: Published: Dec 19, 1988. Publicly Released: Jan 19, 1989.
In response to a congressional request, GAO provided information on the Office of Personnel Management's (OPM) efforts to implement a contractor's nonlegislative recommendations to correct problems in the Federal Employees Health Benefits Program (FEHBP).GAO found that OPM: (1) expressed concern that implementing uniform cost-containment measures could result in the loss of enrollees to plans usin...
Enterprise Zones: Lessons From the Maryland Experience
PEMD-89-2: Published: Dec 15, 1988. Publicly Released: Dec 15, 1988.
Pursuant to a congressional request, GAO studied the enterprise zone program in Maryland to identify issues for the possible development of a federal program, focusing on: (1) program cost offsets; (2) employment growth; (3) program effects on workers; (4) reductions in welfare dependence; and (5) the effectiveness of tax incentives and other local development strategies.GAO found that: (1) both M...
Ten-Year Perspective on Federal Inspectors General
T-AFMD-88-16: Published: Aug 4, 1988. Publicly Released: Aug 4, 1988.
GAO discussed the progress statutory Inspectors General (IG) have made in improving federal government operations and strengthening internal audit and investigative activities. GAO noted that IG: (1) saved the government over $100 billion over the past 10 years; (2) significantly decreased previous internal problems such as fragmented and underfunded audits, lack of audit independence, and lack of...
The Government Faces Serious Internal Control and Accounting Systems Problems
130050: Jun 4, 1986
GAO discussed the government's efforts to improve its internal control and accounting systems under the Federal Managers' Financial Integrity Act. GAO found that, after 3 years of effort under the act: (1) agencies have progressed in identifying and reporting internal control and accounting system weaknesses and their plans for corrective actions; and (2) initial agency reports, inspectors general...
Civil Service Retirement System's Financial Statements for 1984
AFMD-86-12: Published: Apr 2, 1986. Publicly Released: Apr 2, 1986.
GAO examined the statement of accumulated plan benefits and net assets available for benefits of the Civil Service Retirement System as of September 30, 1984, and the related statements of changes in net assets available for benefits and of changes in actuarial present value of accumulated plan benefits for the year then ended.GAO found that the retirement system complied with the terms and provis...
African Development Bank: A More Independent Evaluation System Is Needed
NSIAD-86-48: Published: Feb 21, 1986. Publicly Released: Feb 21, 1986.
GAO reviewed the African Development Bank's (AFDB) progress in establishing an independent program and project evaluation system as a means of informing member governments and management of its efficiency and effectiveness in meeting its objectives.The United States has political, strategic, economic, and humanitarian interests in Africa which it pursues in part through participation in AFDB. U.S...
Redemption of Railroad Retirement Account Investments
HRD-86-53: Published: Dec 13, 1985. Publicly Released: Dec 23, 1985.
Pursuant to a congressional request, GAO reviewed the Department of the Treasury's unilateral sale of securities from the Railroad Retirement Account (RRA), specifically whether: (1) the sale of securities was legal without Railroad Retirement Board approval; and (2) the sale was in excess of what was required to make benefit payments.GAO noted that: (1) the Railroad Retirement Board is principall...
Cleaning Out the Nation's Attic: GAO Helps the Comptroller of the Currency
127825: Jan 1, 1985
This article, which appeared in the GAO Review, Vol. 20, Issue 3, Summer 1985, describes the role which GAO played in the Office of the Comptroller of the Currency's (OCC) disposition of the contents of thousands of safe deposit boxes that had been left in the custody of the U.S. Government from national banks that failed before 1934. GAO acted as an observer in this operation and suggested the tr...