Financial records (71 - 80 of 93 items)
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...
Examination of Financial Statements of the Panama Canal Commission for the Years Ended September 30, 1981 and 1980
ID-83-14: Published: Nov 22, 1982. Publicly Released: Nov 22, 1982.
GAO reviewed the first 2 years of operation of the Panama Canal Commission, fiscal years (FY) 1980 and 1981. The report includes an audit of the Commission's financial transactions, schedules of property transferred by the Commission, and costs incurred by other U.S. agencies to implement the Panama Canal Treaty of 1977.GAO found that the Commission's decision to compute interest on a portion of t...
Financial Statements of Columbia River Federal Power System for Fiscal Year 1970
B-114858: Published: Dec 21, 1970. Publicly Released: Nov 12, 1982.
No summary is currently available...
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...
Naval Supply Systems Command Acts To Improve Usefulness of Financial Reports Produced by the Aviation Supply Office's Automated Allotment Accounting System
FGMSD-80-42: Published: Apr 30, 1980. Publicly Released: Apr 30, 1980.
The need for, and usefulness of, financial reports produced by the Naval Supply Systems Command's automated Allotment Accounting System were evaluated. The System is used by the Aviation Supply Office to keep all needed financial records for the Navy Stock Fund and to produce monthly reports showing allotments, obligations, expenditures, materials on hand and in transit, and accounts payable. Prob...
Navy Shipyard Accounting System Needs Improvement
FGMSD-79-34: Published: Jun 6, 1979. Publicly Released: Jun 6, 1979.
The accounting system at Long Beach and Pearl Harbor Naval Shipyards has not been implemented in full accordance with the documented standard system design for Navy shipyards which was approved in June 1975. As a result, inventory values reported to Navy headquarters and Congress were incorrect, accounts receivable were not properly shown on financial statements, and control over appropriated fund...
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...
Federal Accounting and Auditing Act of 1978
105970: May 17, 1978
H.R. 12171, the proposed "Federal Accounting and Auditing Act of 1978" would establish a new mechanism for the appointment of future Comptrollers General and their deputies, provide GAO with additional authority to audit "unvouchered" expenditures, and strengthen GAO's power to enforce its rights of access to records. The Comptroller General would be selected by the President for Senate confirmati...
Audit Report of Marine Corps League National Headquarters
B-55712: Published: Jan 3, 1978. Publicly Released: Jan 3, 1978.
A review was performed of the audit report of the Marine Corps League National Headquarters for the year ended June 30, 1977 to determine whether it complied with financial reporting requirements for federally chartered corporations.The audit report was prepared by a firm of certified public accountants. It included a statement of the scope of audit and the auditor's opinion that the financial sta...
Examination of Financial Statements of Federal Columbia River Power System
EMD-77-10: Published: Dec 23, 1976. Publicly Released: Dec 23, 1976.
The financial statements of the Federal Columbia River Power System were examined in accordance with generally accepted auditing standards. The financial statements were prepared on a cost-accounting basis which included depreciation. Financial results are not presented on a basis designed to show whether power rates are adequate to repay the Federal investment in the system.A break occurred in th...