Federal agency accounting systems (41 - 50 of 882 items)
Federal Information System Controls Audit Manual: Volume I Financial Statement Audits [Superseded by GAO-09-232G]
AIMD-12.19.6: Published: Jan 1, 2001. Publicly Released: Jan 1, 2001.
This document has been superseded by GAO-09-232G. GAO published a manual to provide auditors guidance for evaluating internal controls over the integrity, confidentiality, and availability of data maintained in computer-based information systems. The manual's sections provide detailed guidance on evaluating and testing computer-based controls, including guidance on:(1) identifying the auditee's si...
Centers for Disease Control and Prevention: Independent Accountants Identify Financial Management Weaknesses
GAO-01-40: Published: Nov 15, 2000. Publicly Released: Dec 15, 2000.
This report documents GAO's concurrence with the findings of PricewaterhouseCoopers' (PwC) report on the Centers for Disease Control and Prevention's (CDC) financial management operations. To effectively monitor and evaluate PwC's work, GAO reviewed PwC's methodology for conducting its work, its collection techniques, resulting analysis, and the draft and final reports. Overall, PwC found signific...
Financial Audit: District of Columbia Highway Trust Fund's Fiscal Year 1999 and 1998 Financial Statements
GAO-01-41: Published: Oct 31, 2000. Publicly Released: Oct 31, 2000.
GAO audited the financial statements of the District of Columbia's Highway Trust Fund for fiscal years 1999 and 1998. GAO found that the District did not maintain effective internal control over financial reporting related to its Highway Trust Fund as of September 30, 1999. Material weaknesses affected accounting for expenditures and computer system general controls...
Financial Management: Impact of RUS' Electricity Loan Restructurings
AIMD-00-288: Published: Sep 29, 2000. Publicly Released: Oct 30, 2000.
Pursuant to a congressional request, GAO reviewed the Rural Utilities Service's (RUS) electricity loan restructurings, focusing on: (1) RUS' policies and procedures for restructuring financially troubled generation and transmission (G&T) loans and whether these are being consistently followed; (2) whether RUS properly carried out loan restructurings in accordance with criteria defined in the Feder...
Financial Management: Improvements Needed in the Navy's Reporting of General Fund Inventory
GAO-01-37R: Published: Oct 27, 2000. Publicly Released: Oct 27, 2000.
The Navy improved the reporting of its general fund inventory on its fiscal year 1999 financial statement. The Navy properly accounted for equipment and supplies that were not reported in the prior year's statement, which included inventories held by contractors and the Coast Guard. Improvements in the Navy's financial reporting, however, are still needed. GAO found many errors and omissions that...
Department of Education: Status of Financial Management Weaknesses Reported in the Fiscal Year 1999 Financial Statement Audit
GAO-01-104R: Published: Oct 16, 2000. Publicly Released: Oct 26, 2000.
This correspondence discusses financial weaknesses reported in the Department of Education's fiscal year 1999 financial statement audit. A major area needing improvement involves internal controls, which provide the framework for the accomplishment of management objectives, accurate financial reporting, and compliance with laws and regulations. This lack of good internal controls puts Education at...
Financial Management: Status of Financial Management Issues at the Small Business Administration
AIMD-00-263: Published: Aug 29, 2000. Publicly Released: Oct 17, 2000.
Pursuant to a congressional request, GAO reviewed the status of the Small Business Administration's (SBA) financial management issues, focusing on: (1) useful information Congress can obtain from SBA's fiscal year (FY) 1999 financial statements; (2) the major internal control deficiencies in SBA's FY 1999 financial statement audit and the major causes and implications; and (3) ramifications of SBA...
Federal Accounting and Reporting: Framework for Assessing the Reliability of Budget Execution Data Is Not Yet Fully Implemented
GAO-01-43: Published: Oct 6, 2000. Publicly Released: Oct 6, 2000.
Beginning with fiscal year (FY) 1998, federal agencies were required to prepare a Statement of Budgetary Resources (SBR) as one of their primary financial statements. GAO's review of 22 major budgetary accounts at 10 agencies, constituting approximately 77 percent of FY 1999 net outlays, showed that the federal accounting and reporting framework was properly implemented for 14 accounts constitutin...
Financial Management: Census Monitoring Board Disbursements, Internal Control Weaknesses, and Other Matters
AIMD-00-317: Published: Sep 29, 2000. Publicly Released: Sep 29, 2000.
Pursuant to a congressional request, GAO reviewed the financial management of the Census Monitoring Board (CMB), focusing on: (1) information on seven specific matters contained in congressional requests; (2) an audit relating to all CMB out-of-town travel disbursements and all other financial transactions over $200 from CMB's inception in June 1998 through March 31, 2000, which resulted in GAO au...
Financial Management: Federal Financial Management Improvement Act Results for Fiscal Year 1999
AIMD-00-307: Published: Sep 29, 2000. Publicly Released: Sep 29, 2000.
Pursuant to a legislative requirement, GAO provided information on the implementation of the Federal Financial Management Improvement Act (FFMIA) in fiscal year (FY) 1999, focusing on: (1) compliance of the Chief Financial Officers (CFO) Act agencies' financial systems with FFMIA's requirements; (2) agencies' plans to bring their systems into compliance; and (3) other efforts to improve the govern...