Accounting procedures (81 - 90 of 90 items)
Unpublished Decisions: Appropriations and Miscellaneous, Vol. XXVII, No. 4
125823: Sep 1, 1984
GAO published its quarterly digest of unpublished decisions of the Comptroller General for the period of July through September 1984. These decisions involved general government matters, appropriations, and miscellaneous matters...
Approval of the Design of the Department of the Army Commodity Command Standard System: Wholesale Stock Fund
AFMD-83-51: Published: Mar 11, 1983. Publicly Released: Mar 11, 1983.
GAO evaluated the design of the Army's Commodity Command Standard System--Wholesale Stock Fund.GAO found that the system conformed in all material respects with the approved accounting principles and standards of the Army...
Fort Carson's Yearend Obligations and Closeout Procedures
DRO-83-01: Published: Feb 9, 1983. Publicly Released: Feb 9, 1983.
GAO reviewed the yearend obligations and closeout procedures of Fort Carson to report on its compliance with the Supplemental Appropriations Act of 1955.GAO found two problem areas which require corrective action. The first concerns nearly $1 million in materials overages, resulting from: (1) disregarded 1981 undelivered orders when ordering the same items on 1982 bypass of the Army stock fund; an...
Audit of Report of the U.S. Army Nonappropriated Fund Employee Retirement Plan for Fiscal 1980
AFMD-82-65: Published: Jun 29, 1982. Publicly Released: Jun 29, 1982.
GAO examined the statement of financial position of the U.S. Army Nonappropriated Fund Employee Retirement Plan as of September 30, 1980. The evaluation included the related statements of changes in net assets available for benefits and in the present value of accumulated plan benefits for the year then ended.GAO found the following omissions which needed correction: (1) neither the accounting and...
Action Needed To Improve Timeliness of Army Billings for Sales to Foreign Countries
AFMD-81-61: Published: Apr 30, 1981. Publicly Released: Apr 30, 1981.
GAO reviewed the Army accounting system used to bill and collect for foreign military sales from foreign countries' trust fund accounts.GAO found that: (1) the Army has not promptly collected from trust fund accounts for goods and services delivered to foreign customers; (2) serious weaknesses exist in the Army billing system, and many deliveries were not billed at the time of shipment as required...
Navy Accounting Systems
B-159797: Published: Sep 26, 1980. Publicly Released: Sep 26, 1980.
GAO has been cooperating with members of the Navy's accounting staff as they have worked to submit two accounting system designs for GAO approval. Approval of these designs is anticipated during fiscal year 1980. Revised capitalization criteria for Government-owned property was issued by GAO. The revised criteria increased the dollar minimum for the capitalization of all fixed assets except furnit...
Controls Over Property in Custody of Military Units Can Be Improved
LCD-80-66: Published: Jun 6, 1980. Publicly Released: Jun 6, 1980.
Accounting for personal property in the custody of military units and problems with relief-from-accountability procedures were reviewed.The review of property accountability activities at selected military installations found weaknesses in procedures on accounting and reporting on Government property lost, damaged, or destroyed. Although established accountability procedures were generally adequat...
Issue Area Plan for Accounting and Financial Reporting
D15064: Jan 31, 1979
The purpose of this document is to assess the progress of GAO's efforts in the Accounting and Financial Reporting issue area, and to obtain PPC guidance on FGMSD's proposed revised plan...
Financing Research in Antarctica: Tighter Control of Logistic Support Costs Needed
ID-77-59: Published: Dec 30, 1977. Publicly Released: Dec 30, 1977.
The United States is one of 12 Nations that signed the Antarctic Treaty in 1959 providing in part for the peaceful use of Antarctica for cooperative scientific research. At the conclusion of the 1957-58 International Geophysical Year, responsibility for the U.S. Antarctic Research Program was shifted from the National Academy of Sciences to the National Science Foundation (NSF) and, under its dire...
New Procedures Adopted To Improve Management of Contractor-Operated Messing and Merchandising Services at Kwajalein Missile Test Site
B-152598: Published: Jul 18, 1967. Publicly Released: Jul 18, 1967.
GAO reviewed the contractor-operated messing and merchandising activities at the Army's missile test site at Kwajalein in the Marshall Islands, focusing on the loss of about $1.6 million during a 2-year period ended in February 1966, chiefly because prices charged to customers were too low.GAO noted that: (1) during the 2-year period ended in February 1966, costs incurred in the operation of the m...