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Accounting procedures (61 - 70 of 383 items)
Department of Energy: Status of Carryover Balances in the Energy Conservation Program
T-RCED-99-82: Published: Feb 11, 1999. Publicly Released: Feb 11, 1999.
Pursuant to a congressional request, GAO discussed: (1) the level of carryover balances held by the Department of Energy's (DOE) Energy Conservation Program and the trend of these balances since fiscal year (FY) 1997; and (2) its methodology for determining the amount of carryover balances that may be available to reduce DOE's budget requests and how it differs from the methodology used by DOE.GAO...
Financial Management: Problems in Accounting for Navy Transactions Impair Funds Control and Financial Reporting
AIMD-99-19: Published: Jan 19, 1999. Publicly Released: Jan 19, 1999.
Pursuant to a legislative requirement, GAO reviewed the effects of in-transit disbursements on the Navy's funds control and financial reporting.GAO noted that: (1) the Navy and the Department of Defense (DOD) have not established adequate funds control as required by the Antideficiency Act; (2) current policies and procedures permit the Navy to delay for about 5 years: (a) the recording of obligat...
Core Competencies for Accountants in the Federal Government (Exposure Draft)
JFMIP-ET-98-6: Published: Nov 30, 1998. Publicly Released: Nov 30, 1998.
GAO provided information on establishing core competencies for accountants who work in the federal government. This document defines the context for financial management core competencies which constitute accounting professionals' primary professional knowledge and skills...
Core Competencies for Financial Managers in the Federal Government (Exposure Draft)
JFMIP-ET-98-7: Published: Nov 30, 1998. Publicly Released: Nov 30, 1998.
GAO provided information on establishing core competencies for financial managers who work in the federal government. This document defines the context for financial management core competencies which constitute financial managers' primary professional knowledge and skills...
Internal Revenue Service: Immediate and Long-Term Actions Needed to Improve Financial Management
AIMD-99-16: Published: Oct 30, 1998. Publicly Released: Oct 30, 1998.
Pursuant to a legislative requirement, GAO provided information on the Internal Revenue Service's (IRS) internal controls and financial management systems.GAO noted that: (1) IRS' internal control system remains plagued by weaknesses that adversely affect the agency's ability to safeguard assets from material loss, ensure material compliance with relevant laws and regulations, and ensure that mate...
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...
Financial Management: Federal Financial Management Improvement Act Results for Fiscal Year 1997
AIMD-98-268: Published: Sep 30, 1998. Publicly Released: Sep 30, 1998.
Pursuant to a legislative requirement, GAO reviewed information concerning: (1) compliance with the Federal Financial Management Improvement Act of 1996's (FFMIA) requirements, including whether the Chief Financial Officers (CFO) agencies' financial statements have been prepared in accordance with applicable accounting standards; and (2) the adequacy of applicable accounting standards for the fede...
Financial Audit Results: Impact on Budgetary Information
AIMD-98-311R: Published: Sep 25, 1998. Publicly Released: Sep 25, 1998.
Pursuant to a legislative requirement, GAO provided information on the results of the audit of fiscal year (FY) 1997 consolidated financial statements of the federal government about the reliability of financial data included in agency budget information presented to Congress.GAO noted that: (1) the consolidated and agency financial statement audits suggest that some data presented in agency budge...
DOD Information Services: Improved Pricing and Financial Management Practices Needed for Business Area
AIMD-98-182: Published: Sep 15, 1998. Publicly Released: Sep 15, 1998.
Pursuant to a congressional request, GAO provided information on the Defense Information Systems Agency's (DISA) price-setting process, focusing on: (1) whether DISA is being reimbursed for the services provided; and (2) the accuracy of DISA's financial management information.GAO noted that: (1) DISA has difficulty: (a) setting prices for information technology services that result in the recovery...
Management Letter: IRS' Accounting Procedures and Internal Controls
AIMD-98-211R: Published: Sep 2, 1998. Publicly Released: Sep 2, 1998.
GAO provided information on additional matters it identified in its audit of the Internal Revenue Service's (IRS) custodial financial statements for fiscal year 1997 regarding accounting procedures and internal controls that could be improved.GAO noted that: (1) it found errors in deriving the financial statement balances; (2) yearend closing journal entries and schedules prepared to support the c...