Accounting procedures (21 - 30 of 54 items)
Budgeting for Federal Insurance
AIMD-96-73R: Published: Mar 22, 1996. Publicly Released: Mar 22, 1996.
Pursuant to a congressional request, GAO reviewed: (1) options for using accrual concepts for federally budgeted insurance programs; and (2) tradeoffs and implementation concerns associated with using different options. GAO found that: (1) the cash basis of reporting used in the federal budget may misrepresent the government's costs because the government's insurance commitments are subject to a l...
Navy Negative Undelivered Orders
AIMD-96-37R: Published: Feb 12, 1996. Publicly Released: Feb 12, 1996.
GAO examined the Navy's appropriation balances for undelivered orders and related balances for accounts payable as of September 30, 1994. GAO noted that: (1) Defense and Finance Accounting Service (DFAS)-Cleveland reduced two appropriation balances for undelivered orders by $72 million; (2) negative balances for undelivered orders could indicate that orders were not properly recorded, disbursement...
District of Columbia: Actions Taken in Five Cities to Improve Their Financial Health
T-GGD-95-110: Published: Mar 2, 1995. Publicly Released: Mar 2, 1995.
GAO discussed five nearly insolvent cities' actions to improve their financial condition. GAO noted that: (1) the cities had similar financial problems due to changing demographics and their reluctance to stay within their means as revenues decreased; (2) the cities' populations of poor and elderly persons who required services increased while government aid for social and other programs decreased...
Agency Component Criteria
AIMD-95-91R: Published: Feb 21, 1995. Publicly Released: Feb 21, 1995.
Pursuant to an agency request, GAO commented on the Office of Management and Budget's (OMB) proposed criteria and designation of agency components that should submit separate audited financial statements beginning in fiscal year 1996, focusing on: (1) strengthening the criteria to ensure that agency components are designated in a consistent manner; and (2) adding the Army, Navy, and Air Force comp...
Continuing Professional Education Study: Budget Analysts in the Federal Government, GS-560 Series
156236: Dec 1, 1994
GAO provided information on the Joint Financial Management Improvement Program's project on continuing professional education for federal budget analysts in order to promote professional development in the financial management community...
BIA Reconciliation Recommendations
AIMD-94-138R: Published: Jun 10, 1994. Publicly Released: Jun 10, 1994.
Pursuant to a Department of the Interior request, GAO answered questions on two recommendations concerning the reconciliation of Indian trust fund accounts. GAO noted that: (1) its recommendation for an additional reconciliation procedure would ensure that earned revenues are billed and collected and would not delay the Bureau of Indian Affairs' (BIA) current reconciliation process; (2) reconcilia...
Working Capital Funds: Three Agency Perspectives
AIMD-94-121: Published: May 20, 1994. Publicly Released: May 31, 1994.
Pursuant to a congressional request, GAO reviewed the: (1) budgetary approaches used by the Departments of Labor and Justice and the General Services Administration to finance their administrative services; and (2) potential effect of proposals to establish franchise and innovation funds.GAO found that: (1) officials from the three agencies stated that their current working capital funds (WCF) giv...
BIA Trust Fund Reconciliations
AIMD-94-110R: Published: Apr 25, 1994. Publicly Released: Apr 25, 1994.
Pursuant to a congressional request, GAO provided information on the status of the Bureau of Indian Affairs' (BIA) efforts to correct long-standing trust fund management weaknesses. GAO noted that: (1) although BIA has made progress toward improving its Indian trust fund reconciliation and certification process, long-standing management problems have impeded BIA ability to maintain proper control...
Defense Business Operations Fund
NSIAD-94-151R: Published: Apr 22, 1994. Publicly Released: Apr 22, 1994.
Pursuant to a congressional request, GAO reviewed the impact of the Defense Business Operations Fund (DBOF) at selected military installations, focusing on: (1) the impact DBOF has had at the customer and provider level; and (2) problems managers are having with DBOF implementation. GAO noted that: (1) DBOF implementation has had minimal impact at the customer and provider level; (2) customers hav...
Overhead Costs: Unallowable and Questionable Costs Charged by McDonnell Douglas Corporation
T-NSIAD-94-60: Published: Oct 13, 1993. Publicly Released: Oct 13, 1993.
GAO discussed a Department of Defense contractor's inclusion of unallowable and questionable costs in its overhead cost submissions. GAO noted that: (1) of the $2.3 million in overhead costs the contractor submitted for payment, $1.6 million were unallowable or questionable; (2) unallowable or questionable costs included costs for alcoholic beverages, entertainment, meals, employee relations, prof...