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Internal controls (11 - 20 of 497 items)
Financial Management: Challenges Remain in Addressing the Government's Improper Payments
GAO-03-750T: Published: May 13, 2003. Publicly Released: May 13, 2003.
The Subcommittee on Government Efficiency and Financial Management, House Committee on Government Reform asked GAO to testify on the Improper Payments Information Act (PL-107-300) and related draft guidance issued by the Office of Management and Budget (OMB), and on GAO recommendations to agencies on actions they can take to prevent or reduce improper payments.Improper payments are a longstanding,...
Accounting Principles, Standards, and Requirements: Title 2 Standards Not Superceded by FASAB Issuances
GAO-02-248G: Published: Nov 1, 2001. Publicly Released: Nov 1, 2001.
This is one in a series or reports designed to help federal agencies improve or maintain effective internal control, financial management systems, and financial reporting. GAO discusses the status of the 13 remaining standards in Title 2, "Accounting," of the GAO Policy and Procedures Manual for Guidance of Federal Agencies in light of the most recent compendium of Federal Accounting Standards Adv...
Internal Controls: Federal Disbursement Controls Can Be Strengthened
GAO-01-910R: Published: Aug 13, 2001. Publicly Released: Aug 13, 2001.
GAO tested certain internal controls over federal disbursements processed by the Department of the Treasury's Financial Management Service (FMS) in fiscal year 2000. With some exceptions, FMS makes disbursements for all federal agencies through its Regional Financial Centers and Debt Management Operations Center. For fiscal year 2000, FMS reported processing approximately 890 million disbursements...
Internal Control Management and Evaluation Tool (Supersedes GAO-01-131G)
GAO-01-1008G: Published: Aug 1, 2001. Publicly Released: Aug 1, 2001.
This publication superseded GAO-01-131G, Internal Control Management and Evaluation Tool: Exposure Draft, February 2001. This guide is intended to assist agencies maintain or implement effective internal controls and, when needed, to help determine what, where, and how improvements can be implemented...
Strategies to Manage Improper Payments: Learning From Public and Private Sector Organizations (Exposure Draft) (Superseded by GAO-02-69G)
GAO-01-703G: Published: May 1, 2001. Publicly Released: May 1, 2001.
This publication has been superseded by GAO-02-69G, Strategies to Manage Improper Payments: Learning From Public and Private Sector Organizations, October 2001. This executive guide is intended to identify effective practices and provide case illustrations and other information for federal agencies' consideration when developing strategies and planning and implementing actions to manage improper p...
Federal Information System Controls Audit Manual: Volume I Financial Statement Audits [Superseded by GAO-09-232G]
AIMD-12.19.6: Published: Jan 1, 2001. Publicly Released: Jan 1, 2001.
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 evaluating and testing computer-based controls, including guidance on:(1) identifying the auditee's si...
Centers for Disease Control and Prevention: Independent Accountants Identify Financial Management Weaknesses
GAO-01-40: Published: Nov 15, 2000. Publicly Released: Dec 15, 2000.
This report documents GAO's concurrence with the findings of PricewaterhouseCoopers' (PwC) report on the Centers for Disease Control and Prevention's (CDC) financial management operations. To effectively monitor and evaluate PwC's work, GAO reviewed PwC's methodology for conducting its work, its collection techniques, resulting analysis, and the draft and final reports. Overall, PwC found signific...
Financial Audit: District of Columbia Highway Trust Fund's Fiscal Year 1999 and 1998 Financial Statements
GAO-01-41: Published: Oct 31, 2000. Publicly Released: Oct 31, 2000.
GAO audited the financial statements of the District of Columbia's Highway Trust Fund for fiscal years 1999 and 1998. GAO found that the District did not maintain effective internal control over financial reporting related to its Highway Trust Fund as of September 30, 1999. Material weaknesses affected accounting for expenditures and computer system general controls...
Financial Management: Impact of RUS' Electricity Loan Restructurings
AIMD-00-288: Published: Sep 29, 2000. Publicly Released: Oct 30, 2000.
Pursuant to a congressional request, GAO reviewed the Rural Utilities Service's (RUS) electricity loan restructurings, focusing on: (1) RUS' policies and procedures for restructuring financially troubled generation and transmission (G&T) loans and whether these are being consistently followed; (2) whether RUS properly carried out loan restructurings in accordance with criteria defined in the Feder...
Department of Education: Status of Financial Management Weaknesses Reported in the Fiscal Year 1999 Financial Statement Audit
GAO-01-104R: Published: Oct 16, 2000. Publicly Released: Oct 26, 2000.
This correspondence discusses financial weaknesses reported in the Department of Education's fiscal year 1999 financial statement audit. A major area needing improvement involves internal controls, which provide the framework for the accomplishment of management objectives, accurate financial reporting, and compliance with laws and regulations. This lack of good internal controls puts Education at...