Internal controls (51 - 60 of 80 items)
Housing and Urban Development: Major Management and Budget Issues
T-RCED-95-89: Published: Jan 24, 1995. Publicly Released: Jan 24, 1995.
GAO discussed the Department of Housing and Urban Development's (HUD) budget and management problems. GAO noted that: (1) HUD effectiveness is hampered by long-standing internal control weaknesses, an ineffective organizational structure, an insufficient mix of properly skilled staff, and inadequate information and financial management systems; (2) HUD has made slow progress in addressing its mana...
Battle of Normandy Foundation: Uncertainties Surround Its Future Viability
AIMD-95-10: Published: Nov 4, 1994. Publicly Released: Nov 4, 1994.
Pursuant to a legislative requirement, GAO reviewed the Battle of Normandy Foundation's use of coin surcharge proceeds for the creation of the United States Armed Forces Memorial Garden in Normandy, France.GAO found that: (1) the Foundation has experienced significant managerial, financial, and internal control problems; (2) it is uncertain whether the Foundation will be able to pay current and fu...
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...
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...
Defense Business Fund
AFMD-93-52R: Published: Mar 1, 1993. Publicly Released: Mar 1, 1993.
Pursuant to a legislative mandate, GAO reviewed the Department of Defense's (DOD) progress in implementing the Defense Business Operations Fund. GAO found that: (1) DOD has not completed policies to govern the Fund's operations and does not anticipate completion until September 1993; (2) DOD needs to define procedures to implement its policies and make changes in its financial systems; (3) DOD has...
Banks and Thrifts: Safety and Soundness Reforms Need to Be Maintained
T-GGD-93-3: Published: Jan 27, 1993. Publicly Released: Jan 27, 1993.
GAO discussed the condition of the banking and thrift industries, focusing on: (1) the safety and soundness provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA); (2) the condition of the banking and thrift industries' insurance funds; (3) the volume of bank lending; and (4) congressional oversight. GAO noted that: (1) FDICIA requires that banks operate in a safe...
Financial Management: Internal Control Weaknesses Impede Air Force's Budgeting for Repairable Items
AFMD-92-47: Published: Aug 26, 1992. Publicly Released: Aug 26, 1992.
GAO reviewed the Air Force's inventory and related financial management systems for repairable items, focusing on: (1) the accuracy of inventory data used to develop the Air Force's repairable item budget for procurement; and (2) Air Force actions to correct previously reported weaknesses in the budget development process for repairable items.GAO found that: (1) the Air Force has duplicate automat...
HUD Reforms: Progress Made Since the HUD Scandals but Much Work Remains
RCED-92-46: Published: Jan 31, 1992. Publicly Released: Jan 31, 1992.
Pursuant to a congressional request, GAO reviewed the Department of Housing and Urban Development's (HUD) actions to address widespread fraud, waste, abuse and mismanagement, focusing on progress HUD had made as of December 1991 in correcting four departmentwide deficiencies in management systems, internal controls, organizational structure, and staffing problems in fourteen individual programs pr...