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Funds management (1 - 10 of 106 items)
Core Financial System Requirements: Checklist for Reviewing Systems under the Federal Financial Management Improvement Act (Superseded by GAO-05-225G)
GAO-04-763G: Published: Jul 30, 2004. Publicly Released: Jul 30, 2004.
This publication has been superseded by GAO-05-225G, Core Financial System Requirements: Checklist for Reviewing Systems under the Federal Financial Management Improvement Act, February 2005. The Federal Financial Management Improvement Act of 1996 (FFMIA) requires, among other things, that agencies implement and maintain financial management systems that substantially comply with federal financia...
Indian Trust Funds: Improvements Made in Acquisition of New Asset and Accounting System But Significant Risks Remain
AIMD-00-259: Published: Sep 15, 2000. Publicly Released: Sep 15, 2000.
Pursuant to a congressional request, GAO evaluated the Department of the Interior's effort to acquire and develop its new Trust Asset and Accounting Management System (TAAMS), focusing on: (1) actions Interior has taken in response to GAO's previous reviews and recommendations; and (2) the business and technical risks and challenges still confronting Interior as it begins to deploy TAAMS.GAO noted...
Indian Trust Funds: Interior Lacks Assurance That Trust Improvement Plan Will Be Effective
AIMD-99-53: Published: Apr 28, 1999. Publicly Released: Apr 28, 1999.
Pursuant to a congressional request, GAO evaluated the Department of the Interior's High-Level Implementation Plan for improving its management of the Indian trust funds and resources under its control, focusing on whether the Interior has reasonable assurance that: (1) the High-Level Plan provides an effective solution for addressing its long-standing problems; and (2) its acquisition of a new as...
Financial Management: Problems in Accounting for Navy Transactions Impair Funds Control and Financial Reporting
AIMD-99-19: Published: Jan 19, 1999. Publicly Released: Jan 19, 1999.
Pursuant to a legislative requirement, GAO reviewed the effects of in-transit disbursements on the Navy's funds control and financial reporting.GAO noted that: (1) the Navy and the Department of Defense (DOD) have not established adequate funds control as required by the Antideficiency Act; (2) current policies and procedures permit the Navy to delay for about 5 years: (a) the recording of obligat...
DOD Information Services: Improved Pricing and Financial Management Practices Needed for Business Area
AIMD-98-182: Published: Sep 15, 1998. Publicly Released: Sep 15, 1998.
Pursuant to a congressional request, GAO provided information on the Defense Information Systems Agency's (DISA) price-setting process, focusing on: (1) whether DISA is being reimbursed for the services provided; and (2) the accuracy of DISA's financial management information.GAO noted that: (1) DISA has difficulty: (a) setting prices for information technology services that result in the recovery...
Financial Management: Recommendations on Indian Trust Fund Strategic Plan Proposals
AIMD-98-37: Published: Nov 26, 1997. Publicly Released: Nov 26, 1997.
GAO presented recommendations to the Secretary of the Interior, focusing on its review of the: (1) Special Trustee for American Indians' strategic plan for Indian Trust Fund accounting and asset management improvement; and (2) Secretary of the Interior's August 22, 1997, memorandum that outlined plans for implementing several of the initiatives in the strategic plan.GAO noted that: (1) GAO's July...
U.S. Department of Agriculture: Working Capital Fund and Modernization of Administrative Processes Program
RCED-98-29R: Published: Nov 14, 1997. Publicly Released: Nov 14, 1997.
Pursuant to a congressional request, GAO provided information on the: (1) activities supported by the Department of Agriculture's (USDA) Working Capital Fund (WCF), its funding sources, and the controls in place to prevent inappropriate uses; and (2) status of USDA's Modernization of Administrative Processes (MAP) Program and its accomplishments.GAO noted that: (1) USDA's WCF finances 22 separate...
Financial Management: Indian Trust Fund Strategic Plan
T-AIMD-97-138: Published: Jul 30, 1997. Publicly Released: Jul 30, 1997.
GAO discussed the results of its analysis of the Special Trustee for American Indians' Strategic Plan for Indian trust fund accounting and asset management improvement, focusing on: (1) the trust asset management problems that the Strategic Plan proposes to resolve; (2) a high-level summary of the Strategic Plan; (3) the basis for the cost estimates included in the Plan; and (4) implementation iss...
Defense Working Capital Funds: DOD Faces Continued Challenges in Eliminating Advance Billing
T-AIMD/NSIAD-97-221: Published: Jul 22, 1997. Publicly Released: Jul 22, 1997.
GAO discussed the Department of Defense's (DOD) working capital funds, formerly known as the Defense Business Operations Fund (DBOF), focusing on: (1) a brief overview of fund operations and objectives; (2) a more detailed perspective of cash management operations; and (3) GAO's concerns with the cash situation through fiscal year (FY) 1998.GAO noted that: (1) in creating DBOF, DOD consolidated th...
Indian Trust Funds: Tribal Account Holders' Responses to Reconciliation Results
AIMD-97-102R: Published: May 23, 1997. Publicly Released: May 23, 1997.
Pursuant to a congressional request, GAO provided information on the status of account holders' responses to the Department of the Interior's tribal trust fund reconciliation project results. GAO obtained but did not independently verify the information on the status of account holders' responses provided or previously reported by the Office of the Special Trustee (OST).GAO noted that: (1) as of M...