All Topics » Auditing and Financial Management » Federal agency accounting systems » Auditing standards
Auditing standards (81 - 90 of 137 items)
Financial Audit: House Recording Studio Revolving Fund for 1990 and 1989
AFMD-92-18: Published: May 20, 1992. Publicly Released: May 20, 1992.
Pursuant to a congressional request, GAO audited the House of Representatives Recording Studio Revolving Fund balance sheets as of December 31, 1990 and 1989, and the related statements of operations and cash flows for the years then ended.GAO found that the House of Representatives Recording Studio Revolving Fund's financial statements presented fairly, in all material respects, its financial pos...
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...
Financial Audit: Farmers Home Administration's Financial Statements for 1989 and 1988
AFMD-91-36: Published: May 6, 1991. Publicly Released: May 6, 1991.
GAO examined the Farmers Home Administration's (FmHA): (1) consolidated financial statements as of September 30, 1989 and 1988; (2) internal accounting control structure; (3) compliance with laws and regulations; and (4) operating results for the fiscal year (FY) then ended.GAO found that: (1) FmHA used inaccurate accounting records to support its reported amount of acquired property and did not p...
Financial Audit: Environmental and Energy Study Conference Financial Statements for 1989 and 1988
AFMD-91-4: Published: Feb 27, 1991. Publicly Released: Feb 27, 1991.
Pursuant to a congressional request, GAO examined the Environmental and Energy Study Conference's financial statements as of December 31, 1989 and 1988, and the related statements of operations and fund balance and cash flows for the years then ended.GAO found that the: (1) financial statements fairly presented the Conference's financial position and the results of its operations and its cash flow...
Policy and Procedures Manual for Guidance of Federal Agencies
148815: Feb 1, 1991
GAO published a manual containing: (1) accounting principles, standards, and related requirements for federal agencies' development of accounting systems and internal auditing programs; (2) uniform procedures for use by federal agencies; and (3) regulations that govern the relationship between GAO and other federal agencies, and with individuals and private concerns doing business with the governm...
Financial Audit: U.S. Government Printing Office's Financial Statements for Fiscal Year 1989
AFMD-91-1: Published: Nov 8, 1990. Publicly Released: Nov 8, 1990.
GAO reviewed the consolidated financial statements of the U.S. Government Printing Office (GPO) for the fiscal year ended September 30, 1989, and reports on GPO internal control structure and its compliance with laws and regulations.GAO found that: (1) GPO complied in all material respects with those provisions of laws and regulations that could have had a material effect on the financial statemen...
Financial Audit: Federal Crop Insurance Corporation's Financial Statements for 1989 and 1988
AFMD-90-107: Published: Sep 28, 1990. Publicly Released: Sep 28, 1990.
GAO examined the financial statements of the Federal Crop Insurance Corporation (FCIC) for the fiscal years ended September 30, 1988 and 1989.GAO found that: (1) FCIC oversight of reinsured companies' loss adjustment activities improved, but FCIC needed to continue to strengthen its oversight activities; (2) FCIC lacked effective internal controls over certain administrative expenses; and (3) the...
Financial Review: Panama Canal Commission's 1989 Financial Statements
AFMD-90-105: Published: Sep 21, 1990. Publicly Released: Sep 21, 1990.
GAO performed a limited review of the Panama Canal Commission's (PCC) financial statements for the year ended September 30, 1989, primarily analyzing financial statements for unusual fluctuations and other changes from prior years.GAO found that: (1) its review did not disclose any material modifications that should be made in the format of the accompanying financial statements in order for them t...
Assessing Internal Controls in Performance Audits
OP-4.1.4: Published: Sep 1, 1990. Publicly Released: Sep 1, 1990.
GAO presented a guide to assist its staff in evaluating internal controls related to performance audits. The guide focuses on: (1) how to evaluate internal control requirements; (2) how to determine overall risk exposure; (3) how to determine effectiveness of internal control systems; and (4) a case study of the Stafford Student Loan Program to illustrate internal control assessment...
Financial Audit: Export-Import Bank's 1989 and 1988 Financial Statements
AFMD-90-80: Published: Jul 19, 1990. Publicly Released: Jul 19, 1990.
GAO examined the financial records and internal accounting controls of the Export-Import Bank of the United States (Eximbank) as of September 30, 1989 and 1988, and related statements of income and changes in retained earnings and of cash flows for the years then ended.GAO found that: (1) the Eximbank fiscal year (FY) 1989 financial statements present possible losses totalling $4.8 billion associa...