Accounting systems (31 - 40 of 408 items)
Financial Management: NASA's Decisions Are Based on Unreliable Systems Data and Reports
T-AFMD-92-9: Published: May 7, 1992. Publicly Released: May 7, 1992.
GAO discussed the National Aeronautics and Space Administration's (NASA) financial management systems and operations. GAO noted that: (1) NASA internal controls, policies and procedures, and financial management systems provide no assurance that its $13.9 billion in fiscal year (FY) 1991 appropriations and almost $13.4 billion in contractor-held property are being properly and accurately accounted...
Financial Audit: Pension Benefit Guaranty Corporation's 1991 and 1990 Financial Statements
AFMD-92-35: Published: Mar 2, 1992. Publicly Released: Mar 2, 1992.
GAO reviewed the Pension Benefit Guaranty Corporation's (PBGC) financial statements for the fiscal years ended September 30, 1991 and 1990.GAO found that: (1) PBGC made a major commitment to correct internal control weaknesses GAO identified during its attempt to audit fiscal year (FY) 1990 financial statements, but did not make sufficient progress for GAO to complete a financial audit of FY 1991...
Financial Audit: Aggressive Actions Needed for Air Force to Meet Objectives of the CFO Act
T-AFMD-92-5: Published: Feb 19, 1992. Publicly Released: Feb 19, 1992.
GAO discussed the Air Force's and Department of Defense's (DOD) attempts to correct financial management problems. GAO noted that: (1) the Air Force made $62 billion in adjustments to its 1989 Treasury financial reports after a GAO audit identified serious accounting errors; (2) Air Force inventory control problems include incompletely or inaccurately recorded transactions, duplicate reporting, fa...
Financial Audit: House Beauty Shop Revolving Fund Financial Statements for 1990 and 1989
AFMD-92-3: Published: Dec 27, 1991. Publicly Released: Dec 27, 1991.
Pursuant to a legislative requirement and a congressional request, GAO audited the House of Representatives Beauty Shop Revolving Fund's balance sheets as of December 31, 1990 and 1989, and the related statements of operations and cash flows for the years then ended.GAO found that the financial statements presented fairly, in all material respects, the financial position of the House of Representa...
The Chief Financial Officers Act: A Mandate for Federal Financial Management Reform
AFMD-12.19.4: Published: Sep 1, 1991. Publicly Released: Sep 1, 1991.
GAO published a booklet to help agency managers and other interested parties: (1) become familiar with the Chief Financial Officers (CFO) Act of 1990, which gives the Office of Management and Budget (OMB) broad, new authority and responsibility for directing federal financial management, modernizing the government's financial management systems, and strengthening financial reporting; and (2) bette...
Financial Management: Actions Needed to Ensure Effective Implementation of NASA's Accounting System
AFMD-91-74: Published: Aug 21, 1991. Publicly Released: Aug 21, 1991.
GAO reviewed the National Aeronautics and Space Administration's (NASA) efforts to design and develop the NASA Accounting and Financial Information System (NAFIS), focusing on whether: (1) NASA efforts to develop NAFIS conformed with federal guidance and requirements; (2) NASA adequately planned NAFIS development; and (3) any lack of conformance with system development guidelines would jeopardize...
Financial Audit: House Office Equipment Service Schedules for Fiscal Year 1990
AFMD-91-75: Published: Aug 14, 1991. Publicly Released: Aug 14, 1991.
Pursuant to a congressional request, GAO audited the House Office Equipment Service's: (1) schedule of Washington office-purchased equipment accounts and the schedule of district office-purchased furnishings and equipment accounts for the fiscal year ended June 30, 1990; and (2) and House Finance Office's schedules of Washington and district office receipts and costs for the fiscal years (FY) ende...
Financial Management: Navy Needs to Improve Its Accounting for Ship Fuel Purchases
AFMD-91-54: Published: Jul 23, 1991. Publicly Released: Jul 23, 1991.
Pursuant to a congressional request, GAO reviewed the Navy's practices for acquiring ship fuel, focusing on whether the Navy had adequate controls to ensure that its financial management systems accurately accounted for ship fuel purchases.GAO found that: (1) since the Atlantic Fleet failed to follow its own procedures for ensuring that fuel purchase accounting records were accurate, it could not...
Financial Audit: Status of Air Force Actions to Correct Deficiencies in Financial Management Systems
AFMD-91-55: Published: May 16, 1991. Publicly Released: Jun 17, 1991.
Pursuant to a congressional request, GAO provided information on the status of: (1) follow-up actions related to an undocumented and unexplained $2.4-billion adjustment the Air Force Systems Command's Space Division made to its account balances; and (2) the Department of Defense's (DOD) and the Air Force's planned corrective action in response to the 26 recommendations GAO presented in a previous...
First Audit of the Forest Service's Financial Statements
T-AFMD-91-4: Published: Apr 25, 1991. Publicly Released: Apr 25, 1991.
GAO discussed its audit of the Forest Service's financial statements for fiscal year (FY) 1988, focusing on whether: (1) there were weaknesses in internal controls; (2) accounting systems adequately accounted for resources received and spent; (3) internal management adequately reported problems; and (4) financial reporting provided accurate and reliable information regarding the efficiency and eff...