Accounting systems (91 - 100 of 981 items)
Financial Audit: House Interparliamentary Groups' Financial Statements for 1987
AFMD-89-40: Published: Mar 27, 1989. Publicly Released: Mar 27, 1989.
In response to a congressional request, GAO examined the financial statements of four House of Representatives interparliamentary groups for the year ended December 31, 1987.GAO found that the financial statements: (1) presented fairly the financial position of the four interparliamentary groups, and the results of their operations for the year then ended; and (2) conformed with generally accepted...
Defense-Related Audits, 1937-1975: Interview With Hassell B. Bell, J. Kenneth Fasick, and James H. Hammond
OP-9-OH: Published: Feb 1, 1989. Publicly Released: Feb 1, 1989.
GAO presented a transcript of a videotape interview of Hassell B. Bell, who served GAO from 1945 to 1975, J. Kenneth Fasick, who served from 1954 to 1981, and James H. Hammond, who served from 1937 to 1974. These individuals worked in various capacities and assumed key roles in auditing the government's defense-related activities. GAO conducted the interview as part of its program to record key go...
Financial Audit: Senate Recording and Photographic Studios Revolving Fund for 1988 and 1987
AFMD-89-12: Published: Jan 11, 1989. Publicly Released: Jan 11, 1989.
In response to a congressional request, GAO examined the balance sheets of the Senate Recording and Photographic Studios Revolving Fund for March 31, 1988 and 1987, and the related statements of operations and changes in financial position for the fiscal years then ended.GAO found that the financial statements presented fairly the financial position of the fund as of March 31, 1988 and 1987, and t...
Financial Audit: Federal Home Loan Banks' 1987 Financial Statements
AFMD-89-28: Published: Dec 30, 1988. Publicly Released: Dec 30, 1988.
Pursuant to a legislative requirement, GAO reviewed an independent accounting firm's audits of the 1987 financial statements of each of the 12 Federal Home Loan Banks and the combined financial statements of the 12 banks.GAO found that: (1) in the auditor's opinion, each bank's financial statements presented fairly its financial position as of December 31, 1987, the results of its operations, and...
Financial Audit: Farmers Home Administration's Losses Have Increased Significantly
AFMD-89-20: Published: Dec 20, 1988. Publicly Released: Dec 20, 1988.
GAO examined the Farmers Home Administration's (FmHA): (1) financial statements for the year ended September 30, 1987; (2) internal accounting control system; and (3) compliance with laws and regulations.GAO found that, although the financial statements presented fairly the FmHA financial condition, FmHA: (1) had a significantly deteriorating financial condition, with an accumulated deficit of $36...
CPA Audit Quality: Arthur Young and Company's Work at Bell Helicopter Textron Inc.
AFMD-89-6: Published: Dec 19, 1988. Publicly Released: Dec 19, 1988.
In response to a congressional request, GAO reviewed certain aspects of a certified public accountant's (CPA) audits of a government contractor subsidiary's consolidated financial statements to determine whether the CPA firm: (1) considered government audit findings on the subsidiary from 1982 through 1985; and (2) audited the subsidiary's inventory and inventory control systems. GAO also provided...
Navy Engineering Centers: Proposal to Change From Industrial Funding to Another Funding Method
NSIAD-89-47: Published: Dec 7, 1988. Publicly Released: Dec 7, 1988.
Pursuant to a congressional request, GAO reviewed the Department of Defense's (DOD) proposal to convert two Navy activities from industrial funding to another funding method, focusing on the: (1) rationale and justification for the conversion; (2) the conversion's impacts on employment and operations; and (3) additional costs and savings involved in the conversion.GAO found that: (1) the DOD propo...
Commodity Certificates: Backlog of 200,000 Unreconciled Certificates Affects Financial Reporting
RCED-89-14: Published: Oct 25, 1988. Publicly Released: Oct 25, 1988.
Pursuant to a congressional request, GAO investigated: (1) the size of the backlog in redeemed commodity certificates that the Agricultural Stabilization and Conservation Service (ASCS) has not reconciled to issuance records; (2) ASCS plans for resolving the backlog; and (3) the extent to which the Department of Agriculture (USDA) has achieved a mandated $230-million reduction in storage, transpor...
Financial Audit: Senate Building Beauty Shop Statements for the Year Ended 12-31-87
AFMD-88-73: Published: Sep 30, 1988. Publicly Released: Sep 30, 1988.
GAO examined the Senate Beauty Shop's statements of operations, changes in financial position, and changes in the capital account for the year ended December 31, 1987.GAO found that the financial statements presented fairly the Shop's operations and changes in financial position for the year then ended, in conformity with generally accepted accounting principles applied on a consistent basis...
Financial Management: Continued Top Management Support Needed to Improve HHS' Accounting Systems
AFMD-88-37: Published: Sep 29, 1988. Publicly Released: Sep 29, 1988.
GAO reviewed the Department of Health and Human Service's (HHS) financial management environment and its effectiveness in accounting for and controlling funds and other resources and reporting on its operations.GAO found that the current HHS accounting systems did not effectively account for and control its resources, since: (1) there were unexpended fund balance differences of over $3 billion bet...