Financial management (31 - 40 of 78 items)
AFMD-92-49R: Published: Feb 28, 1992. Publicly Released: Feb 28, 1992.
In response to a congressional request, GAO reviewed the Administration's proposed accrual budget treatment of deposit insurance and pension guarantees. GAO believes that: (1) the current, cash-based budget treatment of deposit insurance and pension guarantees does not disclose the true costs of those programs; (2) although the concept of reporting accruals in the budget is sound and could result...
Budget Totals: Program and Authorization Information
AFMD-91-58FS: Published: Mar 6, 1991. Publicly Released: Mar 6, 1991.
GAO provided information that would be useful in: (1) reviewing the President's fiscal year 1992 budget; and (2) preparing the Committee on Interior and Insular Affairs' views and estimates report to the House Budget Committee.GAO noted that the information included a listing of authorization, program, and budget information for those entities under the jurisdiction of the House Committee on Inter...
Testimony on H.R. 3929 and Other Budgetary Matters
T-AFMD-90-20: Published: Apr 19, 1990. Publicly Released: Apr 19, 1990.
GAO discussed proposed legislation that would repeal the Balanced Budget and Emergency Deficit Control Act of 1985 and substitute a new deficit reduction approach that would require annual recalculation of new deficit targets under a pay-as-you-go formula. GAO noted that the: (1) current budget structure does not accurately present investments, costs, and surpluses for effective resolution of budg...
Budget Issues: Restructuring the Federal Budget--The Capital Component
AFMD-89-52: Published: Aug 24, 1989. Publicly Released: Aug 24, 1989.
GAO proposed a conceptual framework for the capital budget component of its restructured unified budget proposal that would improve federal decisionmaking and control processes.GAO found that the current budget: (1) makes no distinction between operating expenses and capital investments, which could lead to unsound deficit reduction strategies and create a bias against capital investments; (2) doe...
Budget Issues: State Practices for Financing Capital Projects
AFMD-89-64: Published: Jul 1, 1989. Publicly Released: Jul 1, 1989.
GAO reviewed state practices for budgeting and financing capital projects, focusing on the: (1) criteria states used to define capital assets; (2) methods states used to finance capital assets; and (3) extent to which states linked borrowing maturities to the useful life of capital assets.GAO found that: (1) most of the nine states reviewed had developed strict criteria for determining what consti...
Budget Issues: Biennial Budgeting Bills in the 101st Congress
AFMD-89-79BR: Published: Jun 20, 1989. Publicly Released: Jun 20, 1989.
Pursuant to a congressional request, GAO provided information on biennial budgeting proposals in the 101st Congress.GAO found that: (1) as of April 30, 1989, the 101st Congress had introduced six biennial budgeting bills; (2) two of the bills proposed to stretch the current budget process by having Congress complete all budget-related actions over the 2-year session; (3) three of the bills propose...
Budget Issues: Budgetary Treatment of Federal Credit Programs
AFMD-89-42: Published: Apr 10, 1989. Publicly Released: Apr 10, 1989.
Pursuant to a congressional request, GAO reviewed its proposal for improving budgeting practices for federal credit programs, focusing on how: (1) it would calculate credit program subsidy costs; and (2) its subsidy estimates would affect the government's reported budget authority, outlay, and deficit totals. GAO also reviewed other proposals by the Senate Budget Committee, the Congressional Budge...
Budget Issues: USDA's Commodity Certificates Should Be Recognized in Budget Totals
AFMD-88-27: Published: Aug 16, 1988. Publicly Released: Aug 16, 1988.
In response to a congressional request, GAO examined the current budget treatment of the Commodity Credit Corporation's (CCC) commodity certificates to: (1) determine if CCC should treat the certificates as cash for budget purposes; and (2) develop alternative budget reporting methods.GAO evaluated three budget reporting methods for commodity certificates, and found that: (1) continuing to treat c...
Regulatory Agencies: Administrative Expenses at FHLBB and FRB for 1985 and 1986
AFMD-88-33: Published: Jun 15, 1988. Publicly Released: Jun 22, 1988.
In response to a congressional request, GAO reviewed the Federal Home Loan Bank Board (FHLBB) and the Federal Reserve Board (FRB) to determine: (1) the policies and procedures governing their administrative expenses and their compliance with them; (2) applicable laws and regulations; and (3) their budget and related disclosure processes.GAO found that FHLBB: (1) illegally augmented its budget auth...
The Export-Import Bank of the U.S.: Financial Condition and Budget Issues
T-AFMD-87-15: Published: May 21, 1987. Publicly Released: May 21, 1987.
GAO discussed issues relating to the financial condition of the Export-Import Bank of the United States (Eximbank). GAO has expressed an adverse opinion on the Eximbank annual financial statements every year since 1983, because it believes that the statements do not reflect losses that are likely to occur because of the probable uncollectibility of a significant number of loans. GAO noted that: (1...