Federal agency accounting systems (51 - 60 of 104 items)
Financial Audit: U.S. Government Printing Office's Financial Statements for Fiscal Year 1992
AFMD-93-62: Published: May 11, 1993. Publicly Released: May 11, 1993.
Pursuant to a congressional request, GAO examined the U. S. Government Printing Office's (GPO) financial statements for the year ended September 30, 1992, its internal controls, and compliance with selected laws and regulations and its budget authority.GAO found that GPO: (1) 1992 financial statements were reliable in all material respects; (2) internal controls were effective in protecting assets...
AFMD-93-57R: Published: Apr 2, 1993. Publicly Released: Apr 2, 1993.
Pursuant to an agency request, GAO clarified a Title 7 requirement that agencies record intragovernmental billings as deferred items if payment is made prior to the receipt of goods and services. GAO noted that: (1) intragovernmental payments often occur before an agency receives goods or services when the agency processes a bill through the Treasury On-Line Payment and Collection system; (2) reco...
High Risk Series: Asset Forfeiture Programs
HR-93-17: Published: Dec 1, 1992. Publicly Released: Dec 1, 1992.
GAO reviewed the Department of Justice's and the U.S. Customs Service's management and disposition of seized and forfeited assets, focusing on: (1) program changes; and (2) areas needing sustained management attention.GAO found that: (1) legislative changes allowing more seizures and forfeitures increased Justice's and Customs' seized property inventories by almost 600 percent by 1992; (2) Congres...
FHA Internal Controls
RCED-92-227R: Published: Sep 30, 1992. Publicly Released: Oct 28, 1992.
Pursuant to a congressional request, GAO reviewed two internal control reports issued in 1991 on the Federal Housing Administration's (FHA) single- and multifamily housing loan insurance programs, focusing on materially significant financial and management internal control weaknesses reported for the first time. GAO found that: (1) an independent accounting firm identified 206 internal control wea...
Johnson Space Center Procurement: Controls Over Payments to Contractors Should Be Strengthened
IMTEC-93-2: Published: Oct 23, 1992. Publicly Released: Oct 23, 1992.
GAO reviewed the National Aeronautics and Space Administration's (NASA) contract management practices, focusing on the Lyndon B. Johnson Space Center's (JSC) internal controls over the management of information processing contracts, grants, and purchase orders.GAO found that: (1) while existing controls were sufficient to monitor contractor performance, JSC management directives did not require en...
Army Installation Real Property
AFMD-93-4ML: Published: Oct 7, 1992. Publicly Released: Oct 7, 1992.
GAO provided information on accounting for real property at certain Army installations. GAO found that: (1) the Army installations it visited kept incomplete and inaccurate records of their real property holdings because personnel did not enter or inaccurately entered data into their respective Integrated Facilities System (IFS); (2) the installations' general ledgers were inaccurate and unreliabl...
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...
Army Accounting Adjustments--Corps of Engineers New York District
AFMD-92-110ML: Published: Aug 20, 1992. Publicly Released: Aug 20, 1992.
GAO provided information on its review of the Army's fiscal year 1991 consolidated financial statements, focusing on adjustments necessary at the Corps of Engineers New York District. GAO found that the Army needed to make $699.8 million in accounting adjustments to the financial statements for the New York District...
AFMD-92-64R: Published: May 18, 1992. Publicly Released: May 18, 1992.
GAO commented on the Office of Management and Budget's (OMB) Circular A-11. GAO noted that several of its ongoing projects could have a bearing on future budget preparation issues addressed in the circular, including projects that: (1) assess the potential value of accrual accounting or cost-based budgeting concepts in budget preparation; (2) re-examine the investment implications of federal progr...
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...