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Financial statement audits (51 - 60 of 240 items)
Department of Defense: Status of Financial Management Weaknesses and Actions Needed to Correct Continuing Challenges
T-AIMD/NSIAD-99-171: Published: May 4, 1999. Publicly Released: May 4, 1999.
Pursuant to a congressional request, GAO discussed the status of financial management at the Department of Defense (DOD), focusing on: (1) DOD's most serious financial management weaknesses; (2) the resulting impact on DOD's ability to effectively carry out its programs and operations; and (3) DOD's efforts to address these deficiencies.GAO noted that: (1) as part of the fiscal year (FY) 1998 fina...
Auditing the Nation's Finances: Fiscal Year 1998 Results Highlight Major Issues Needing Resolution
T-AIMD-99-131: Published: Mar 31, 1999. Publicly Released: Mar 31, 1999.
Pursuant to a legislative requirement, GAO discussed its report on the U.S. government's financial statements for fiscal year 1998, focusing on the importance of improving how federal departments and agencies manage the finances of the national government.GAO noted that: (1) significant financial systems weaknesses, problems with fundamental recordkeeping and financial reporting, incomplete docume...
Financial Audit: 1998 Financial Report of the United States Government
AIMD-99-130: Published: Mar 31, 1999. Publicly Released: Mar 31, 1999.
Pursuant to a legislative requirement, GAO reviewed the annual audited financial statements for 24 major departments and agencies of the U.S. government.GAO noted that: (1) significant financial systems weaknesses, problems with fundamental recordkeeping and financial reporting, incomplete documentation, and weak internal controls, including computer controls, continue to prevent the government fr...
Forest Service: Financial Accountability
T-AIMD-99-106: Published: Mar 11, 1999. Publicly Released: Mar 11, 1999.
Pursuant to a congressional request, GAO discussed its ongoing monitoring of the Forest Service's efforts to improve its financial accountability, focusing on: (1) the historical pattern of the Forest Service's financial management weaknesses; (2) the fundamental problems which the Forest Service must resolve in order to achieve financial accountability; (3) GAO's criteria for placing Forest Servi...
Financial Audit: IRS' Fiscal Year 1998 Financial Statements
AIMD-99-75: Published: Mar 1, 1999. Publicly Released: Mar 1, 1999.
Pursuant to a legislative requirement, GAO examined the Internal Revenue Service's (IRS) financial statements for the fiscal year (FY) ending September 30, 1998.GAO noted that: (1) pervasive weaknesses in the design and operation of IRS' financial management systems, accounting procedures, documentation, recordkeeping, and internal controls, including computer security controls, prevented IRS from...
Federal Information System Controls Audit Manual: Volume I Financial Statement Audits [Superseded by GAO-09-232G]
AIMD-12.19.6: Published: Jan 1, 1999. Publicly Released: Jan 1, 1999.
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 evaluation and testing computer-related controls, including guidance on: (1) identifying the auditee's...
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...
Bureau of the Public Debt: Areas for Improvement in Computer Controls
AIMD-99-2: Published: Oct 14, 1998. Publicly Released: Oct 14, 1998.
Pursuant to a legislative requirement, GAO reviewed the general and application controls that support key automated financial systems maintained and operated by the Bureau of the Public Debt (BPD).GAO noted that: (1) overall, GAO found that BPD implemented effective computer controls; however, GAO identified certain vulnerabilities in general controls involving: (a) access to data and programs; (b...
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...