Accounting procedures (1 - 10 of 122 items)
Business Modernization: NASA's Integrated Financial Management Program Does Not Fully Address Agency's External Reporting Issues
GAO-04-151: Published: Nov 21, 2003. Publicly Released: Dec 22, 2003.
In April 2000, the National Aeronautics and Space Administration (NASA) began its Integrated Financial Management program (IFMP), its third attempt at modernizing its financial management processes and systems. In April 2003, GAO reported that NASA's acquisition strategy has increased the risk that the agency will implement a system that will cost more and do less than planned. This report is one...
Financial Management: Differences in Army and Air Force Disbursing and Accounting Records
AIMD-00-20: Published: Mar 7, 2000. Publicly Released: Mar 7, 2000.
Pursuant to a congressional request, GAO provided information on differences in the Army's and Air Force's disbursing and accounting records, focusing on: (1) if, and to what extent, contract payment transactions recorded in the Army and the Air Force official accounting records differed from mechanization of contract administration services (MOCAS) disbursing system records; (2) the types of diff...
Forest Service: Barriers to Financial Accountability Remain
AIMD-99-1: Published: Oct 2, 1998. Publicly Released: Oct 2, 1998.
Pursuant to a congressional request, GAO reviewed the financial management problems of the Forest Service identified in the Department of Agriculture (USDA) Inspector General's (IG) audit report on the Forest Service's fiscal year (FY) 1995 financial statements, focusing on: (1) how the IG's adverse opinion raised concerns about the level of stewardship over taxpayer money appropriated to the Fore...
Forest Service: Status of Progress Toward Financial Accountability
AIMD-98-84: Published: Feb 27, 1998. Publicly Released: Feb 27, 1998.
Pursuant to a congressional request, GAO reviewed the Forest Service's efforts to correct the financial problems identified in the Department of Agriculture (USDA) Inspector General's (IG) audit report on its fiscal year (FY) 1995 financial statements, focusing on the Forest Service's: (1) implementation of a new financial accounting system; (2) correction of certain accounting deficiencies; (3) r...
Financial Management: An Overview of Finance and Accounting Activities in DOD
NSIAD/AIMD-97-61: Published: Feb 19, 1997. Publicly Released: Feb 19, 1997.
Pursuant to a congressional request, GAO provided information on the Department of Defense's (DOD) management of its financial operations, focusing on: (1) DOD's rationale for creating the Defense Finance and Accounting Service (DFAS); (2) the current size of the DOD finance and accounting infrastructure; and (3) the various finance and accounting activities performed by DOD personnel.GAO reported...
AIMD-97-1R: Published: Oct 15, 1996. Publicly Released: Oct 15, 1996.
Pursuant to a congressional request, GAO reviewed the receipt and disbursement activity for years ended 1995 and 1994 for five interparliamentary groups to determine whether cash balances for those years were accurately recorded. GAO noted that the: (1) totals for receipts and disbursements for 1994 and 1995 were correct for each interparliamentary group; (2) amounts recorded on vouchers and suppo...
DOD Accounting Systems: Efforts to Improve System for Navy Need Overall Structure
AIMD-96-99: Published: Sep 30, 1996. Publicly Released: Sep 30, 1996.
GAO reviewed the Defense Finance and Accounting Service's (DFAS) efforts to reduce the number of Navy accounting systems and to enhance and implement a Navy-wide system to account for general fund operations.GAO found that: (1) DFAS selected the Navy's Standard Accounting and Reporting System (STARS) to serve as the Navy's system for general fund accounting; (2) although believed to be the newest,...
Financial Management: Interior's Management of the Indian Trust Funds
T-AIMD-96-111: Published: Jun 18, 1996. Publicly Released: Jun 18, 1996.
GAO discussed the Department of the Interior's management of Indian trust funds. GAO noted that: (1) the Bureau of Indian Affairs (BIA) has completed its reconciliation of trust fund accounts, but the accounts could not be fully reconciled due to missing records and the lack of an audit trail; (2) the January 1996 BIA report to the tribes did not explain limitations in scope and methodologies used...
Financial Management: Interior's Efforts to Reconcile Indian Trust Fund Accounts and Implement Management Improvements
T-AIMD-96-104: Published: Jun 11, 1996. Publicly Released: Jun 11, 1996.
GAO discussed the Department of the Interior's efforts to reconcile Indian trust fund accounts, focusing on: (1) its efforts to implement trust fund management improvements; and (2) the usefulness of a legislated settlement process for resolving unsettled account balances. GAO noted that: (1) $2.4 billion in receipt and disbursement transactions could not be traced to supporting documentation at t...
Financial Audit: House Beauty Shop Revolving Fund for the Year Ended 9/30/93 and 9 Months Ended 9/30/92
AIMD-95-82: Published: Apr 14, 1995. Publicly Released: Apr 14, 1995.
Pursuant to a legislative requirement and a congressional request, GAO audited the House Beauty Shop Revolving Fund's financial statements and related statements of operations and cash flows for the periods ended September 30, 1993, and the 9 months ended September 30, 1992.GAO found that: (1) the financial statements were reliable in all material aspects; (2) the Fund's internal controls needed i...