Accounting procedures (61 - 70 of 122 items)
Financial Audit: House Beauty Shop Revolving Fund Financial Statements for 1985 and 1984
AFMD-86-56: Published: Aug 7, 1986. Publicly Released: Aug 7, 1986.
In response to a congressional request, GAO examined the House of Representatives Beauty Shop Revolving Fund's balance sheets, statements of operations, and changes in financial position as of December 31, 1985 and 1984.GAO found that the financial statements: (1) presented fairly the financial position of the fund and the results of its operations and changes in its financial position; (2) confor...
Panama Canal Commission's Financial Statements FY 1984 and 1983
AFMD-86-15: Published: Apr 8, 1986. Publicly Released: Apr 8, 1986.
GAO reviewed the Panama Canal Commission's (PCC) financial statements as of September 30, 1984 and 1983 to assess whether PCC internal accounting controls and auditing procedures were in compliance with applicable laws and regulations.GAO noted that: (1) PCC prepared its financial statements according to accounting principles prescribed in the Panama Canal Act, which differ in some respects from g...
Financial Audit: House Office Equipment Service Schedules for Fiscal Year 1985
AFMD-86-18: Published: Mar 20, 1986. Publicly Released: Mar 20, 1986.
Pursuant to a congressional request, GAO examined the schedule of purchased equipment account and the schedule of other identifiable costs prepared from records the House Office Equipment Service and the House Finance Office maintained for the fiscal year ended June 30, 1985.GAO found that the schedules fairly presented the purchased equipment account and other identifiable costs of the House Offi...
Financial Audit: Overseas Private Investment Corporation's 1985 and 1984 Financial Statements
AFMD-86-28: Published: Jan 10, 1986. Publicly Released: Jan 10, 1986.
GAO examined the balance sheets of the Overseas Private Investment Corporation (OPIC) as of September 30, 1985 and 1984, and the related statements of income, changes in capital, reserves and retained earnings, and changes in financial position for the years then ended.GAO found that the financial statements presented fairly the financial position of OPIC as of September 30, 1985 and 1984, and the...
The 1984 Title 2: How Different Is It From Its Predecessors and Current Practice?
130328: Jan 1, 1986
This article, which appeared in the GAO Review, Vol. 21, Issue 2, Spring 1986, discusses the differences between the revised and former GAO accounting principles and standards. The revised standards reflect many current practices and should not be costly or difficult to implement. Any major cost will arise from upgrading federal government financial management systems to an acceptable level...
Information on Duplicate Payments to Contractors by DLA's DCASR in Cleveland, OH
AFMD-85-71: Published: Aug 20, 1985. Publicly Released: Aug 20, 1985.
GAO examined the issue of duplicate payments by the government to contractors, surveying procedures at selected federal payment centers, including the Defense Logistics Agency's (DLA) Defense Contract Administration Services Region (DCASR) in Cleveland, Ohio.A review of the DCASR records containing government checks and contractor refunds and an analysis of payment transactions showed that: (1) pr...
Reviews of the Trans-Alaska Pipeline Liability Fund's Financial Statements for the Years Ended December 31, 1983 and 1982
AFMD-85-13: Published: Jul 22, 1985. Publicly Released: Jul 22, 1985.
GAO reviewed audits of the statement of net assets available for claims of the Trans-Alaska Pipeline Liability Fund as of December 31, 1983 and 1982.GAO relied on the work and reports of the Fund's independent auditors, rather than conducting the financial audit itself. GAO found that: (1) the audits were conducted in accordance with generally accepted government auditing standards; (2) the collec...
A Consolidated Financial Statement for the Federal Government--Policy, Problems, and Potential
126472: Jan 1, 1985
This article, which appeared in the GAO Review, Vol. 20, Issue 1, Winter 1985, discusses the possibility of a consolidated financial statement (CFS) for the federal government which would show transactions between the government as a whole and outside parties. Adding a CFS to present agency accounting systems would demonstrate the overall condition of the government's fiscal health and present a h...
Audit of Accounts of Accountable Officers at Ames Research Center
089312: Apr 2, 1971
No summary is currently available...