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Accounting systems (41 - 50 of 124 items)
State Department's Management of Its Travel Advance Funds
T-NSIAD-88-21: Published: Apr 27, 1988. Publicly Released: Apr 27, 1988.
GAO discussed the Department of State's efforts to resolve problems in its management of travel advance funds. GAO found that: (1) State did not have an effective system to monitor and report on travel advances and to collect unused travel funds; (2) State's delinquent travel advances increased from $10 million in 1985 to about $15.4 million in 1987; (3) State has collected only a small portion of...
Forest Service's 'End-Results' Budget Tests and Implementation of the Timber Cost Accounting System
T-AFMD-88-10: Published: Apr 14, 1988. Publicly Released: Apr 14, 1988.
GAO discussed Forest Service actions to: (1) test an end-results budgeting procedure; and (2) implement a new accounting system for timber sales in national forests. GAO found that: (1) the Service proposed a streamlined budget structure to receive funds through appropriation line items and output targets; (2) this would allow forest managers to link their plans with daily operations and make nece...
Financial Management: Examples of Weaknesses
AFMD-88-35BR: Published: Feb 25, 1988. Publicly Released: Mar 28, 1988.
In response to a congressional request, GAO provided examples of weaknesses in the federal financial management structure.GAO found examples of a wide range of problems, including: (1) lack of centralized and agency financial management leadership and long-range planning; (2) inadequate financial management systems; (3) weaknesses in internal controls; (4) lack of periodic preparation and audit of...
Learning by New York's Example
136525: Jan 1, 1988
This article, which appeared in the GAO Journal, No. 2, Summer 1988, discusses the applicability of the New York State and New York City financial systems to the federal government. In 1979, the state Comptroller brought the state's budget, accounting, and reporting systems into line with generally accepted accounting principles (GAAP), installed a central accounting system, capped deficits and bo...
Financial Management: Overall Plan Needed To Guide System Improvements at Education
AFMD-88-15: Published: Dec 31, 1987. Publicly Released: Dec 31, 1987.
GAO reviewed the Department of Education's financial management system to: (1) assess the reliability and effectiveness of the system to account for and control Education's funds and resources; (2) identify any major system weaknesses; and (3) examine the actions Education took to correct those weaknesses.GAO found that: (1) Education's loan records for its Higher Education Facilities and College...
Financial Audit: Examination of GSA's Financial Statements for Fiscal Years 1986 and 1985
AFMD-87-49: Published: Sep 30, 1987. Publicly Released: Sep 30, 1987.
GAO examined the General Services Administration's (GSA) consolidated financial statements for the fiscal years ended September 30, 1986 and 1985.GAO found that GSA: (1) did not reconcile cash balances with the Department of the Treasury in a timely manner; (2) did not have reliable data regarding its fleet management operations, due to the conversion to a new automated accounting system; and (3)...
Financial Audit: Panama Canal Commission's Financial Statements for 1986 and 1985
AFMD-87-45: Published: Sep 30, 1987. Publicly Released: Sep 30, 1987.
GAO examined the Panama Canal Commission's (PCC) statement of its financial position as of September 30, 1986 and 1985, and the related statements of operations and non-interest bearing investment, the changes in the government's investment, the changes in financial position, and the status of appropriations for the years then ended.GAO found that PCC did not obtain regulatory approval in advance...
Civil Service Fund: Improved Controls Needed Over Investments
AFMD-87-17: Published: May 7, 1987. Publicly Released: Jun 10, 1987.
Pursuant to a congressional request, GAO reviewed the Department of the Treasury's management of the Civil Service Retirement and Disability Trust Fund during debt ceiling crises in 1984 and 1985 to determine how much interest Treasury lost by not following its normal securities investment and redemption policies.GAO found that: (1) during two periods when the federal debt was near its legal limit...
Financial Audit: Panama Canal Commission's Financial Statements for 1985 and 1984
AFMD-87-4: Published: Jun 10, 1987. Publicly Released: Jun 10, 1987.
GAO examined the Panama Canal Commission's (PCC) statement of its financial position as of September 30, 1985 and 1984, and the related statements of operations and non-interest bearing investment, the changes in the government's investment, the changes in financial position, and the status of appropriations for the years then ended.GAO found that: (1) an amendment to the Panama Canal Act of 1979...
Accounting Systems: Army's Efforts To Redesign Its Accounting Systems
AFMD-87-19: Published: May 19, 1987. Publicly Released: May 19, 1987.
GAO discussed the Army's project to redesign its 60 accounting systems into a small set of standard systems.GAO noted that the project's objectives are to: (1) strengthen accounting system internal controls; (2) correct such problems as time-consuming manual processing; and (3) implement a single, integrated financial management system. GAO found that the Army: (1) needs to revise its 5-year accou...