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Funds management (61 - 70 of 106 items)
Financial Audit: FSLIC Resolution Fund's 1989 Financial Statements
AFMD-91-69: Published: Aug 2, 1991. Publicly Released: Aug 2, 1991.
GAO reviewed the Federal Savings and Loan Insurance Corporation's (FSLIC) Resolution Fund financial statements for the period August 9, 1989 through December 31, 1989.GAO found that: (1) the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 created the Fund to manage and dispose of assets and pay debts, obligations, contracts, and other liabilities resulting from FSLIC initiated...
Financial Management: Uniform Policies Needed on DOD Financing of Repairable Inventory Items
AFMD-91-40: Published: Jun 21, 1991. Publicly Released: Jun 21, 1991.
Pursuant to a congressional request, GAO assessed the Department of Defense's (DOD) plans to expand the military services' use of stock funds to finance repairable items, focusing on whether the services implemented consistent, uniform policies regarding: (1) the prices stock funds charged customers for repairable items; (2) stock fund ownership and control over repairable items at installations;...
Bureau of Indian Affairs' Efforts to Reconcile, Audit, and Manage the Indian Trust Funds
T-AFMD-91-6: Published: May 20, 1991. Publicly Released: May 20, 1991.
GAO discussed the status of the Bureau of Indian Affairs' (BIA) efforts to implement a congressionally mandated Indian trust fund reconciliation and audit project and improve financial management. GAO noted that: (1) BIA divided the project into two phases; (2) the first phase will cover over 500 tribal accounts belonging to 37 of 254 tribes; (3) the first phase will also cover 17,000 individual I...
Bureau of Indian Affairs' Efforts to Reconcile and Audit the Indian Trust Funds
T-AFMD-91-2: Published: Apr 11, 1991. Publicly Released: Apr 11, 1991.
GAO discussed the Bureau of Indian Affairs' (BIA) efforts to reconcile and audit the Indian trust funds. GAO noted that: (1) numerous audit reports have pointed out serious accounting and financial management problems and weak internal controls throughout BIA; (2) the lack of general ledger control over accounts, inaccurate data, the lack of accounting systems documentation, and inadequate managem...
Financial Audit: Forest Service's Financial Statements for Fiscal Year 1988
AFMD-91-18: Published: Mar 18, 1991. Publicly Released: Mar 18, 1991.
GAO examined the Forest Service's financial statements for the fiscal year ended September 30, 1988.GAO found that: (1) the central accounting system did not integrate all separate accounting and reporting systems; (2) internal control policies and procedures within individual accounting and reporting systems failed to ensure that financial information was reliable and in compliance with prescribe...
Financial Audit: Savings Association Insurance Fund's 1989 Financial Statements
AFMD-91-31: Published: Mar 1, 1991. Publicly Released: Mar 1, 1991.
GAO reviewed the Savings Association Insurance Fund's: (1) financial statements for the period August 9, 1989, through December 31, 1989; and (2) internal accounting controls and compliance with applicable laws and regulations.GAO found that: (1) during fiscal year (FY) 1992 through FY 1999, the Fund would annually receive at least $2 billion; (2) the Department of the Treasury was required to mak...
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 Management: INS Lacks Accountability and Controls Over Its Resources
AFMD-91-20: Published: Jan 24, 1991. Publicly Released: Jan 24, 1991.
GAO examined the Immigration and Naturalization Service's (INS) financial management systems, operations, and controls.GAO found that: (1) INS lacked the systems and procedures to ensure the collection, accountability, control, and deposit of millions of dollars in revenue and debts; (2) INS debt management problems stemmed from inaccurate financial data, unreliable financial systems, insufficient...
Financial Audit: Government National Mortgage Association's 1989 Financial Statements
AFMD-91-8: Published: Oct 30, 1990. Publicly Released: Oct 30, 1990.
GAO examined the financial statements of the Government National Mortgage Association (GNMA) for the year ended September 30, 1989, and the related statements of operations and changes in its financial position for the year then ended.GAO found that the financial statements presented fairly the financial position of GNMA as of September 30, 1989, and the results of its operations and changes in fi...
Accounting Guide: Basic Topics Relating to Appropriations and Reimbursables
AFMD-PPM-2.1: Published: Sep 1, 1990. Publicly Released: Sep 1, 1990.
GAO presented a guide for use by federal operations and systems accountants to facilitate understanding of budgetary and proprietary accounting for operating appropriations and reimbursable work under interagency agreements. GAO provided information on: (1) appropriations other than basic operating appropriations; (2) situations in which less than the full amount of an operating appropriation is a...