Financial records (61 - 70 of 269 items)
Financial Audit Manual: Volumes 1 and 2
GAO-01-765G: Published: Aug 1, 2001. Publicly Released: Aug 1, 2001.
GAO published a manual containing detailed guidance for meeting relevant requirements within a comprehensive framework, focusing on the four phases of an audit (1) planning, (2) internal control evaluation, (3) testing of accounts, controls and compliance, and (4) reporting...
Applying Agreed-Upon Procedures: Federal Unemployment Taxes
GAO-01-382R: Published: Feb 26, 2001. Publicly Released: Feb 26, 2001.
GAO performed procedures to determine whether the net federal unemployment tax revenue distributed to the Unemployment Trust Fund for fiscal year 2000 is supported by the underlying records. The procedures GAO agreed to perform include (1) detailed tests of transactions that represent the underlying basis of amounts distributed to the UTF and (2) a review of key reconciliations of the Internal Rev...
Congressional Award Foundation: Management Action Still Needed to Establish and Document Control Requirements and Related Procedures
AIMD-00-266R: Published: Jul 28, 2000. Publicly Released: Jul 28, 2000.
Pursuant to a legislative requirement, GAO reviewed the Congressional Award Foundation's efforts to address internal controls weaknesses identified in GAO's 1999 financial audit.GAO noted that: (1) the Foundation had made progress at the organization and system levels in addressing internal control weaknesses; (2) specifically, during fiscal year 1999, the Foundation hired a new employee to help d...
Management Letter: Suggested Improvements in IRS' Accounting Procedures and Internal Controls
AIMD-00-162R: Published: Jun 14, 2000. Publicly Released: Jun 14, 2000.
Pursuant to a legislative requirement, GAO provided information on the results of the Internal Revenue Service's (IRS) financial statements and on the effectiveness of its internal controls for fiscal year (FY) ending September 30, 1999.GAO noted that: (1) GAO found weaknesses in IRS' accounting procedures for certain assets purchased in one year but used for a multi year period; (2) IRS corrected...
United States Capitol Police: 1999 Financial Audit Highlights Need to Address Internal Control Weaknesses
AIMD-00-153: Published: May 15, 2000. Publicly Released: May 15, 2000.
Pursuant to a congressional request, GAO reviewed the United States Capitol Police's (USCP) fiscal year (FY) 1999 financial statement audit, focusing on USCP's: (1) effectiveness of the safeguarding, compliance, and financial reporting controls; (2) compliance with selected provisions of laws and regulations; (3) receipt and use of FY 1999 appropriated funds as reflected in a statement of receipts...
Financial Audit: Congressional Award Foundation's 1999 and 1998 Financial Statements
AIMD-00-156: Published: May 15, 2000. Publicly Released: May 15, 2000.
Pursuant to a legislative requirement, GAO reviewed the Congressional Award Foundation's financial statements for the fiscal years (FY) ended September 30, 1999 and 1998, focusing on the: (1) effectiveness of the Foundation's related internal controls as of September 30, 1999; and (2) Foundation's compliance in FY 1999 with selected provisions of laws and regulations GAO tested.GAO noted that: (1)...
Financial Report of the United States Government, 1999
B-285019: Published: Apr 1, 2000. Publicly Released: Apr 1, 2000.
GAO presented the United States government's 1999 financial report. The report includes: (1) audited financial statements that cover the executive, legislative, and judicial branches; and (2) GAO's audit of the financial report...
GAO Report on Applying Agreed-Upon Procedures: Federal Unemployment Taxes
AIMD-00-80R: Published: Feb 25, 2000. Publicly Released: Feb 25, 2000.
Pursuant to a legislative requirement, GAO reviewed whether the net federal unemployment tax (FUTA) revenue distributed to the Unemployment Trust Fund (UTF) for the fiscal year ended September 30, 1999, is supported by the underlying records.GAO noted that: (1) in performing the agreed-upon procedures, GAO conducted its work in accordance with generally accepted government auditing standards, whic...
Interparliamentary Group Review Procedures
AIMD-99-279R: Published: Sep 10, 1999. Publicly Released: Sep 10, 1999.
Pursuant to a congressional request, GAO performed procedures to assist the House Committee on International Relations in evaluating the extent to which five House interparliamentary groups' financial records appropriately reflected their cash receipts and disbursements and fund balance for the years ended December 31, 1997 and 1998.GAO noted that: (1) the procedures GAO performed included reviewi...
Internal Revenue Service: Custodial Financial Management Weaknesses
AIMD-99-193: Published: Aug 4, 1999. Publicly Released: Aug 4, 1999.
Pursuant to a legislative requirement, GAO provided information on the internal control and compliance issues related to the Internal Revenue Service's (IRS) custodial activities, focusing on: (1) previously reported internal control and compliance issues and related recommendations; (2) new issues identified during GAO's fiscal year (FY) 1998 financial audit, along with new recommendations to add...