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Accounting systems (21 - 30 of 124 items)
Financial Management: NASA's Decisions Are Based on Unreliable Systems Data and Reports
T-AFMD-92-9: Published: May 7, 1992. Publicly Released: May 7, 1992.
GAO discussed the National Aeronautics and Space Administration's (NASA) financial management systems and operations. GAO noted that: (1) NASA internal controls, policies and procedures, and financial management systems provide no assurance that its $13.9 billion in fiscal year (FY) 1991 appropriations and almost $13.4 billion in contractor-held property are being properly and accurately accounted...
PBGC's Premium Accounting System RFP
IMTEC-92-49R: Published: May 6, 1992. Publicly Released: May 6, 1992.
GAO reviewed the Pension Benefit Guaranty Corporation's (PBGC) solicitation for the redesign of its Premium Accounting System. GAO found that: (1) the solicitation's functional and system requirements are ambiguous and subject to a broad range of interpretation; (2) it is unclear whether PBGC wants to own the application software or will be willing to consider licensed software, since there are di...
Financial Audit: Aggressive Actions Needed for Air Force to Meet Objectives of the CFO Act
T-AFMD-92-5: Published: Feb 19, 1992. Publicly Released: Feb 19, 1992.
GAO discussed the Air Force's and Department of Defense's (DOD) attempts to correct financial management problems. GAO noted that: (1) the Air Force made $62 billion in adjustments to its 1989 Treasury financial reports after a GAO audit identified serious accounting errors; (2) Air Force inventory control problems include incompletely or inaccurately recorded transactions, duplicate reporting, fa...
Financial Management: Actions Needed to Ensure Effective Implementation of NASA's Accounting System
AFMD-91-74: Published: Aug 21, 1991. Publicly Released: Aug 21, 1991.
GAO reviewed the National Aeronautics and Space Administration's (NASA) efforts to design and develop the NASA Accounting and Financial Information System (NAFIS), focusing on whether: (1) NASA efforts to develop NAFIS conformed with federal guidance and requirements; (2) NASA adequately planned NAFIS development; and (3) any lack of conformance with system development guidelines would jeopardize...
Financial Management: Navy Needs to Improve Its Accounting for Ship Fuel Purchases
AFMD-91-54: Published: Jul 23, 1991. Publicly Released: Jul 23, 1991.
Pursuant to a congressional request, GAO reviewed the Navy's practices for acquiring ship fuel, focusing on whether the Navy had adequate controls to ensure that its financial management systems accurately accounted for ship fuel purchases.GAO found that: (1) since the Atlantic Fleet failed to follow its own procedures for ensuring that fuel purchase accounting records were accurate, it could not...
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...
Bureau of Indian Affairs' Efforts to Reconcile and Audit the Indian Trust Funds
T-AFMD-91-2: Published: Apr 11, 1991. Publicly Released: Apr 11, 1991.
GAO discussed the Bureau of Indian Affairs' (BIA) efforts to reconcile and audit the Indian trust funds. GAO noted that: (1) numerous audit reports have pointed out serious accounting and financial management problems and weak internal controls throughout BIA; (2) the lack of general ledger control over accounts, inaccurate data, the lack of accounting systems documentation, and inadequate managem...
Financial Management: Interior's Implementation of the Federal Financial System
AFMD-91-29BR: Published: Mar 6, 1991. Publicly Released: Mar 6, 1991.
Pursuant to a congressional request, GAO reviewed the Department of the Interior's progress in replacing its bureaus' and major offices' accounting systems with the departmentwide Federal Financial System (FFS).GAO found that: (1) FFS was a new, single, standard accounting system; (2) Interior originally planned to install FFS in its bureaus and major offices by October 1990, but by that date had...
Financial Management: National Park Service Implements New Accounting System
AFMD-91-10: Published: Feb 13, 1991. Publicly Released: Feb 13, 1991.
Pursuant to a congressional request, GAO reviewed the accounting capabilities of the National Park Service (NPS) and monitored its implementation of a new accounting system for its bureaus and major offices.GAO found that NPS: (1) formerly used a system that did not comply with federal accounting standards, but implemented its new Federal Financial System (FFS) to improve its accounting operations...