Financial statements (71 - 80 of 93 items)
S. 2230, the Federal Management Reorganization and Cost Control Act of 1986
129866: May 13, 1986
Testimony was given concerning S. 2230, which would establish a separate Office of Financial Management to address the federal government's financial management problems. GAO found that the government has experienced declining managerial effectiveness despite efforts to solve specific management problems. Agency reports under the Financial Managers' Integrity Act have cited serious and long-standi...
Publications Issued, July-December 1985
129436: Dec 1, 1985
This bibliography lists reports of GAO audits and surveys of government activities issued from July 1 through December 31, 1985, categorized by government function. In addition, a list is given of testimonies presented by GAO officials before congressional committees and special bibliographies and other publications published during the same period...
Internal Control System of the National Credit Union Administration
100308: Feb 28, 1977
Following the annual audit of the National Credit Union Administration's financial statements, improvements were recommended in the internal control system.Controls over payments to contractors, cash receipts and deposits, and voucher reviews could be strengthened. The Administration had 18 active non-Federal Government contracts totaling more than $346,000 as of June 24, 1976. Invoices against su...
Other Matters Concerning the Financial Operations of the United States Railway Association
088997: Jul 11, 1977
No summary is currently available...
Postal Service's Fiscal Year 1981 Workers' Compensation Adjustments
GGD-83-29: Published: Jan 6, 1983. Publicly Released: Feb 7, 1983.
In response to a congressional request, GAO reviewed the Postal Service's adjustments to its estimated workers' compensation liability in its fiscal year (FY) 1981 financial statements. The adjustments increased the FY 1981 net loss by approximately $538 million.GAO found that the calculations and accounting treatment of the workers' compensation adjustments in the FY 1981 financial statements wer...
Examination of the U.S. Government Printing Office's Financial Statements for FY's 1982 and 1981
AFMD-83-50: Published: Jan 28, 1983. Publicly Released: Jan 28, 1983.
GAO examined the Government Printing Office's (GPO) financial statements for the fiscal years ended September 30, 1982 and 1981. The examination was made in accordance with generally accepted Government auditing standards.GAO found that the financial statements presented fairly the financial position of GPO as of September 30, 1982 and 1981, and the results of its operations and the changes in its...
U.S. Government Printing Office Consolidated Balance Sheet
AFMD-82-30: Published: Dec 28, 1981. Publicly Released: Dec 28, 1981.
GAO examined the consolidated balance sheet of the U.S. Government Printing Office as of September 30, 1981, and the related consolidated statements of income and retained earnings and changes in financial position for the year then ended pursuant to the audit authority contained in the Office's enabling legislation.In the opinion of GAO, the financial statements presented fairly the financial pos...
Millions in Stock Funds Mismanaged at Defense Personnel Support Center
AFMD-81-2: Published: Nov 21, 1980. Publicly Released: Nov 21, 1980.
GAO reviewed the inability of the Defense Personnel Support Center to control hundreds of millions of stock fund dollars because of its ineffective accounting systems. The Center could not accurately determine amounts paid and amounts of unliquidated obligations. In an attempt to correct its records, the Center made financial adjustments during fiscal years 1978 and 1979. However, the validity of...
Kennedy Center's Financial Problems Are Serious
GGD-80-39: Published: Apr 24, 1980. Publicly Released: May 5, 1980.
Legislation requires that GAO regularly audit the John F. Kennedy Center for the Performing Arts' accounts to determine the Center's ability to pay its share of the operating costs and to assure that the cost sharing formula between the National Park Service and the Center fairly and accurately reflects the use of the building. The Center's financial statements, accounting and operating records, a...
Need To Improve Internal Controls Over Cash, Certain Inventories, and Accounts Payable
LCD-80-36: Published: Feb 20, 1980. Publicly Released: Feb 20, 1980.
As part of an examination of the Government Printing Office's (GPO) financial statements, GAO tested the internal control systems for the accounting and safeguarding of cash, three inventories, and accounts payable. Inventories of paper, materials and supplies, and publications were tested through a review of policies and procedures, interviews, observation, and completed internal control question...