Accounting systems (61 - 70 of 981 items)
Stock Market Automation: Exchanges Have Increased Systems' Capacities Since the 1987 Market Crash
IMTEC-91-37: Published: May 10, 1991. Publicly Released: May 10, 1991.
GAO assessed the improvements made to stock markets' automated systems to facilitate order routing and trade execution on days with volatile trading and large trading volumes.GAO found that: (1) the National Association of Securities Dealers, the American Stock Exchange, the New York Stock Exchange, the Midwest Stock Exchange, the Pacific Stock Exchange, and the Philadelphia Stock Exchange improve...
First Audit of the Forest Service's Financial Statements
T-AFMD-91-4: Published: Apr 25, 1991. Publicly Released: Apr 25, 1991.
GAO discussed its audit of the Forest Service's financial statements for fiscal year (FY) 1988, focusing on whether: (1) there were weaknesses in internal controls; (2) accounting systems adequately accounted for resources received and spent; (3) internal management adequately reported problems; and (4) financial reporting provided accurate and reliable information regarding the efficiency and eff...
Financial Audit: House Interparliamentary Groups' Financial Statements for 1989 and 1988
AFMD-91-51: Published: Apr 18, 1991. Publicly Released: Apr 18, 1991.
Pursuant to a congressional request, GAO reviewed the financial statements of four House of Representatives interparliamentary groups for the years ended December 31, 1989 and 1988.GAO found that the: (1) statements of financial position presented fairly the interparliamentary groups' financial positions as of December 31, 1989 and 1988 in conformity with generally accepted accounting principles;...
Bureau of Indian Affairs' Efforts to Reconcile and Audit the Indian Trust Funds
T-AFMD-91-2: Published: Apr 11, 1991. Publicly Released: Apr 11, 1991.
GAO discussed the Bureau of Indian Affairs' (BIA) efforts to reconcile and audit the Indian trust funds. GAO noted that: (1) numerous audit reports have pointed out serious accounting and financial management problems and weak internal controls throughout BIA; (2) the lack of general ledger control over accounts, inaccurate data, the lack of accounting systems documentation, and inadequate managem...
Federally Sponsored Research: Indirect Costs Charged By Stanford University
T-RCED-91-18: Published: Mar 13, 1991. Publicly Released: Mar 13, 1991.
GAO discussed how universities conducting federally sponsored research charged indirect costs and if those costs were in accordance with Office of Management and Budget (OMB) guidelines, focusing on Stanford University's accounting system. GAO noted that: (1) Stanford's deficient cost allocation and charging practices, and inadequate federal oversight, led to significant overcharges to the governm...
Financial Management: Interior's Implementation of the Federal Financial System
AFMD-91-29BR: Published: Mar 6, 1991. Publicly Released: Mar 6, 1991.
Pursuant to a congressional request, GAO reviewed the Department of the Interior's progress in replacing its bureaus' and major offices' accounting systems with the departmentwide Federal Financial System (FFS).GAO found that: (1) FFS was a new, single, standard accounting system; (2) Interior originally planned to install FFS in its bureaus and major offices by October 1990, but by that date had...
Financial Management: National Park Service Implements New Accounting System
AFMD-91-10: Published: Feb 13, 1991. Publicly Released: Feb 13, 1991.
Pursuant to a congressional request, GAO reviewed the accounting capabilities of the National Park Service (NPS) and monitored its implementation of a new accounting system for its bureaus and major offices.GAO found that NPS: (1) formerly used a system that did not comply with federal accounting standards, but implemented its new Federal Financial System (FFS) to improve its accounting operations...
Policy and Procedures Manual for Guidance of Federal Agencies
148815: Feb 1, 1991
GAO published a manual containing: (1) accounting principles, standards, and related requirements for federal agencies' development of accounting systems and internal auditing programs; (2) uniform procedures for use by federal agencies; and (3) regulations that govern the relationship between GAO and other federal agencies, and with individuals and private concerns doing business with the governm...
Financial Audit: Financial Reporting and Internal Controls at the Air Force Systems Command
AFMD-91-22: Published: Jan 23, 1991. Publicly Released: Jan 23, 1991.
GAO provided information on the Air Force Systems Command's (AFSC) financial management operation, focusing on AFSC need for improved internal controls and financial reporting.GAO found that: (1) AFSC trial balances for fiscal year (FY) 1988 and FY 1989 were substantially incomplete and inaccurate, resulting in unreliable financial reports and statements; (2) AFSC product divisions failed to promp...
Financial Management: Problems in Accounting for DOD Disbursements
AFMD-91-9: Published: Nov 9, 1990. Publicly Released: Nov 9, 1990.
GAO reviewed the military services' accounting problems with cross-disbursements, focusing on cross-disbursements that the Department of State made on behalf of the services.GAO found that: (1) the services' failure to use uniform financial information caused serious problems in accounting for disbursements; (2) the use of nonstandard data made the processing of cross-disbursement transactions ext...