Financial records (21 - 30 of 197 items)
The Chief Financial Officers Act: A Mandate for Federal Financial Management Reform
AFMD-12.19.4: Published: Sep 1, 1991. Publicly Released: Sep 1, 1991.
GAO published a booklet to help agency managers and other interested parties: (1) become familiar with the Chief Financial Officers (CFO) Act of 1990, which gives the Office of Management and Budget (OMB) broad, new authority and responsibility for directing federal financial management, modernizing the government's financial management systems, and strengthening financial reporting; and (2) bette...
Financial Audit: House Office Equipment Service Schedules for Fiscal Year 1990
AFMD-91-75: Published: Aug 14, 1991. Publicly Released: Aug 14, 1991.
Pursuant to a congressional request, GAO audited the House Office Equipment Service's: (1) schedule of Washington office-purchased equipment accounts and the schedule of district office-purchased furnishings and equipment accounts for the fiscal year ended June 30, 1990; and (2) and House Finance Office's schedules of Washington and district office receipts and costs for the fiscal years (FY) ende...
Financial Audit: Status of Air Force Actions to Correct Deficiencies in Financial Management Systems
AFMD-91-55: Published: May 16, 1991. Publicly Released: Jun 17, 1991.
Pursuant to a congressional request, GAO provided information on the status of: (1) follow-up actions related to an undocumented and unexplained $2.4-billion adjustment the Air Force Systems Command's Space Division made to its account balances; and (2) the Department of Defense's (DOD) and the Air Force's planned corrective action in response to the 26 recommendations GAO presented in a previous...
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;...
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...
Foreign Military Sales: Air Force Efforts to Develop an FMS Accounting System
AFMD-90-82FS: Published: Aug 8, 1990. Publicly Released: Sep 7, 1990.
Pursuant to a congressional request, GAO evaluated the Department of Defense's progress in implementing Foreign Military Sales (FMS) accounting system improvements, focusing on the status of the Air Force's efforts to design, develop, and implement a new central FMS accounting and billing system.GAO found that: (1) the Air Force designated its audit agency and a new management office to oversee th...
Financial Audit: House Beauty Shop Revolving Fund Financial Statements for 1989 and 1988
AFMD-90-99: Published: Sep 6, 1990. Publicly Released: Sep 6, 1990.
Pursuant to a legislative requirement and a congressional request, GAO audited the House of Representatives Beauty Shop Revolving Fund financial statements as of December 31, 1989 and 1988, and the related statements of operations and cash flows for the years then ended.GAO noted that the financial statements presented fairly, in all material aspects, the financial position of the House of Represe...
Financial Audit: Senate Restaurants Revolving Fund for Fiscal Years 1989 and 1988
AFMD-90-92: Published: Aug 13, 1990. Publicly Released: Aug 13, 1990.
GAO provided information on the audited balance sheets of the Senate Restaurants Revolving Fund as of September 30, 1989, and October 1, 1988, and the related statements of operations and cash flows for the years then ended.GAO found that: (1) there were no material weaknesses in the system; and (2) the financial statements presented fairly, in all material respects, the financial position of the...