Financial management (11 - 20 of 36 items)
21st Century Challenges: Reexamining the Base of the Federal Government
GAO-05-352T: Published: Feb 16, 2005. Publicly Released: Feb 16, 2005.
This report stems from the recognition that the Congress faces a daunting challenge: the need to bring government and its programs in line with 21st century realities. This challenge has many related pieces: addressing the nation's large and growing long-term fiscal gap; deciding on the appropriate role and size of the federal government--and how to finance that government--and bringing the panopl...
Executive Guide: Leading Practices in Capital Decision-Making (Supersedes AIMD-98-110)
AIMD-99-32: Published: Dec 1, 1998. Publicly Released: Dec 1, 1998.
This publication supersedes AIMD-98-110, Executive Guide: Leading Practices in Capital Decision-Making, April 1998. GAO published a guide: (1) summarizing the 12 fundamental practices that have been successfully implemented by organizations recognized for their outstanding capital decisionmaking practices; and (2) providing examples from which the federal government may be able to draw lessons and...
Christopher Columbus Quincentenary Jubilee Commission
T-GGD-91-24: Published: Apr 23, 1991. Publicly Released: Apr 23, 1991.
GAO discussed the status of the Christopher Columbus Quincentenary Jubilee Commission and its ability to carry out a celebration commemorating Christopher Columbus' voyages of discovery. GAO noted that: (1) the Commission's fundraising efforts fell significantly short of its expectations, with the Commission only raising $888,700 from all non-federal sources, $2,411,300 less than anticipated, betw...
Unemployment Insurance: Issues Relating to Reserve Adequacy and Trust Fund Solvency
T-HRD-88-23: Published: Jul 7, 1988. Publicly Released: Jul 7, 1988.
GAO discussed its analysis of issues facing the federal-state unemployment insurance (UI) system, focusing on states': (1) UI trust funds' financial health; and (2) actions during the 1980's in response to recessionary conditions and to new federal loan policies. GAO found that: (1) the system's ability to pay benefits from available reserves declined significantly after 1970; (2) as of December 1...
The Congressional Award Program
T-AFMD-88-15: Published: Jun 28, 1988. Publicly Released: Jun 28, 1988.
GAO discussed its review of the Congressional Award Program, which Congress established to promote youth initiative, achievement, and excellence through public service, personal development, and physical activities. GAO found that the program operated efficiently at the local council level, with annual increases in the number of councils, participating states, and awards. GAO also found that the C...
Options for Dealing With Farm Credit System Problems
T-GGD-87-11: Published: Apr 7, 1987. Publicly Released: Apr 7, 1987.
GAO discussed the federal rescue of the Farm Credit System and suggested an approach to stabilizing the system in the short run while developing long-term policies, since failure or default of the System's obligations would seriously disrupt the flow of credit to the agricultural sector and pose risks to other federal lending institutions. GAO found that: (1) the system's situation has continued t...
Management of the Social Security Administration
T-HRD-87-6: Published: Apr 2, 1987. Publicly Released: Apr 2, 1987.
GAO discussed potential improvements to the Social Security Administration's (SSA) operations, focusing on SSA: (1) leadership; (2) computer modernization management; (3) controls over the services it provides to the public; and (4) work-force management. GAO noted that: (1) SSA has had seven commissioners or acting commissioners over the last decade; and (2) for over half of that time, commission...
Department of Labor: Assessment of Management Improvement Efforts
HRD-87-27: Published: Dec 31, 1986. Publicly Released: Dec 31, 1986.
GAO commented on the Department of Labor's responses to its recommendations to: (1) strengthen secretarial direction; (2) correct long-standing problems; (3) obtain better information on program operations; (4) enhance work-force quality and efficiency; and (5) operate in a more business-like manner.GAO noted that: (1) the Secretary of Labor established departmentwide goals and the Secretary's Man...
Pensions: Plans With Unfunded Benefits
HRD-87-15BR: Published: Oct 22, 1986. Publicly Released: Oct 22, 1986.
In response to a congressional request, GAO provided information on: (1) the extent to which single-employer defined-benefit pension plans are underfunded; and (2) the effect that underfunded plan terminations have had on the government insurance program's financial viability.GAO found that: (1) 3,351 of the 14,581 plans were underfunded by about $21 billion, while the other plans had assets that...
Community Action: Serious Financial Problems at the Columbus Community Action Organization
HRD-86-38: Published: Dec 13, 1985. Publicly Released: Dec 13, 1985.
Pursuant to a congressional request, GAO reviewed whether the Columbus Metropolitan Area Community Action Organization (CMACAO) misused federal funds in operating its programs.GAO noted that it used data from a public accounting firm's audit report on CMACAO financial activities to help determine whether CMACAO had financial management problems. GAO found that: (1) CMACAO lacked an adequate financ...