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Financial statement audits (81 - 90 of 240 items)
Financial Management: Implementation of the Federal Financial Management Improvement Act of 1996
AIMD-98-1: Published: Oct 1, 1997. Publicly Released: Oct 1, 1997.
Pursuant to a legislative requirement, GAO provided information on: (1) the requirements of the Federal Financial Management Improvement Act (FFMIA) of 1996; (2) efforts under way to implement the act; (3) challenges that agencies face in achieving full compliance with those requirements; and (4) the status of federal accounting standards.GAO noted that: (1) it is too early to tell the extent to w...
Defense Financial Audits Issue Area: Active Assignments
AA-97-23(3): Published: Sep 1, 1997. Publicly Released: Sep 1, 1997.
GAO provided information on its active assignments in the Defense Financial Audit issue area as of August 29, 1997...
Financial Audit: Examination of IRS' Fiscal Year 1996 Administrative Financial Statements
AIMD-97-89: Published: Aug 29, 1997. Publicly Released: Aug 29, 1997.
Pursuant to a legislative requirement, GAO audited the Administrative Financial Statements for the Internal Revenue Service (IRS) for fiscal year 1996.GAO noted that: (1) these Administrative Financial Statements did not report on activities related to IRS' custodial responsibilities for implementing federal tax legislation, including collecting federal tax revenues, refunding overpayments of taxe...
Federal Information System Controls Audit Manual: Volume I Financial Statement Audits (Exposure Draft) (Superseded by AIMD-12.19.6)
AIMD-12.19.6: Published: Aug 1, 1997. Publicly Released: Aug 1, 1997.
This publication has been superseded by AIMD-12.19.6, Federal Information System Controls Audit Manual: Volume I Financial Statement Audits, January 1999. 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...
Financial Audit: Other Matters Identified During GAO's 1996 Financial Statement Audits
AIMD-97-142R: Published: Aug 1, 1997. Publicly Released: Aug 1, 1997.
Pursuant to a legislative requirement, GAO provided information on the Federal Deposit Insurance Corporation (FDIC) accounting policies and procedures and internal control matters identified during GAO's audits of the 1996 financial statements, focusing on: (1) the need to improve controls related to asset valuation, receipt processing, check disbursement procedures, disbursement documentation, an...
Financial Audit: Senate Restaurants Revolving Fund for Fiscal Years 1996 and 1995
AIMD-97-93: Published: May 16, 1997. Publicly Released: May 16, 1997.
Pursuant to a congressional request, GAO reviewed the financial statements of the Senate Restaurants Revolving Fund as of September 28, 1996 and September 30, 1995, and for the years then ended. GAO contracted with KPMG Peat Marwick LLP (KPMG) to conduct the audit.GAO noted that: (1) in its audit of the U.S. Senate Restaurants Revolving Fund, KPMG found that: (a) the financial statements were reli...
Civil Financial Audits Issue Area: Active Assignments
AA-97-24(2): Published: Apr 15, 1997. Publicly Released: Apr 15, 1997.
GAO provided information on its active assignments in the Civil Financial Audits issue area as of April 15, 1997...
Financial Management: Challenges Facing the IRS
T-AIMD-97-34: Published: Jan 9, 1997. Publicly Released: Jan 9, 1997.
GAO discussed the Internal Revenue Service's (IRS) financial management challenges. GAO noted that: (1) GAO efforts to audit IRS accounting records have resulted in a disclaimer of opinions each year; (2) IRS' inability to account for tax collections in total and by type of tax collected reduces the Congress' and others' ability to fully assess the effectiveness of tax policies to achieve their in...
Corporate Audits Issue Area--Active Assignments
AA-97-22(1): Published: Jan 2, 1997. Publicly Released: Jan 2, 1997.
GAO provided information on its active assignments in the Corporate Audits issue area as of January 2, 1997...
IRS Financial Audits: Status of Efforts to Resolve Financial Management Weaknesses
T-AIMD-96-170: Published: Sep 19, 1996. Publicly Released: Sep 19, 1996.
GAO discussed the Internal Revenue Service's (IRS) efforts to prepare reliable financial statements and improve its financial management, focusing on: (1) IRS implementation of GAO recommendations to correct financial management weaknesses; (2) IRS progress in addressing major problems that have prevented GAO from expressing an opinion on its financial statements; (3) IRS problems in developing Ta...