Federal agency accounting systems (41 - 50 of 104 items)
DOD Procurement: Overpayments and Underpayments at Selected Contractors Show Major Problem
NSIAD-94-245: Published: Aug 5, 1994. Publicly Released: Aug 11, 1994.
Pursuant to a congressional request, GAO reviewed whether: (1) Department of Defense (DOD) contractors are retaining contract overpayments; and (2) contract underpayments are being corrected.GAO found that: (1) contractor payment discrepancies include both overpayments and underpayments; (2) contractor overpayments and underpayments result in significant unnecessary costs to the government; (3) al...
Defense Business Operations Fund: Improved Pricing Practices and Financial Reports Are Needed to Set Accurate Prices
AIMD-94-132: Published: Jun 22, 1994. Publicly Released: Jun 22, 1994.
Pursuant to a legislative requirement, GAO provided information on the Department of Defense's process for developing the prices the Defense Business Operations Fund will charge its customers, focusing on: (1) the reasons the Fund's prices have increased; (2) the reasons the Fund continues to experience annual losses; and (3) whether the Fund's financial reports are sufficiently accurate to assist...
Bureau of the Census: Management Issues Require Prompt Attention
T-GGD/AIMD-94-171: Published: Jun 9, 1994. Publicly Released: Jun 9, 1994.
GAO discussed the Bureau of the Census': (1) efforts to recover unliquidated obligations; and (2) impending reorganization. GAO noted that: (1) the Bureau's unliquidated obligations increased to $80 million at the beginning of fiscal year 1993 due to weaknesses in its accounting systems and its failure to follow federal internal control procedures; (2) the Bureau's financial management deficiencie...
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...
DOD Procurement: Millions in Overpayments Returned by DOD Contractors
NSIAD-94-106: Published: Mar 14, 1994. Publicly Released: Apr 12, 1994.
Pursuant to a congressional request, GAO reviewed the Department of Defense's (DOD) overpayments to contractors and subsequent contractor refunds, focusing on: (1) the nature of the contractors' payments; (2) how long the funds were outstanding; (3) DOD efforts to detect and recover contract overpayments; and (4) DOD actions to strengthen its contract payment system.GAO found that: (1) the Defense...
Improving Government: Actions Needed to Sustain and Enhance Management Reforms
T-OCG-94-1: Published: Jan 27, 1994. Publicly Released: Jan 27, 1994.
GAO discussed the progress being made in addressing the management challenges facing the federal government, focusing on: (1) continued financial management reform; (2) providing an improved framework for managing information technology and high-risk programs; (3) implementation of the Government Performance and Results Act (GPRA); and (4) National Performance Review (NPR) recommendations and impl...
Defense Business Operations Fund
AIMD-94-7R: Published: Oct 12, 1993. Publicly Released: Oct 12, 1993.
GAO provided information on the Department of Defense's (DOD) departmentwide review of the implementation and operation of the Defense Business Operations Fund. GAO found that: (1) in 1993, DOD established a review team to review the Fund's organization, education and training, budget, accounting policy, centralized system development, financial management systems, cash management, and financial r...
Financial Audit: Resolution Trust Corporation's Internal Controls at December 31, 1992
AIMD-93-50: Published: Sep 28, 1993. Publicly Released: Sep 28, 1993.
GAO evaluated the Resolution Trust Corporation's (RTC) internal controls as of December 31, 1992, to determine whether the controls reasonably ensured that: (1) assets were safeguarded against loss from unauthorized use or disposition; (2) transactions complied with management's authority and laws and regulations; and (3) transactions were properly recorded, processed, and summarized in accordance...
Financial Audit: Government Printing Office's Fiscal Year 1992 Financial Statements
T-AFMD-93-5: Published: May 11, 1993. Publicly Released: May 11, 1993.
GAO discussed its audit of the Government Printing Office's (GPO) fiscal year (FY) 1992 financial statements. GAO noted that: (1) GPO 1992 financial statements were reliable in all material respects; (2) GPO internal controls were effective in protecting assets, ensuring material compliance with laws and regulations, and ensuring that there were no material misstatements in the financial statement...