Federal agency accounting systems (1 - 10 of 135 items)
Financial Management: Department of Homeland Security Faces Significant Financial Management Challenges
GAO-04-774: Published: Jul 19, 2004. Publicly Released: Jul 29, 2004.
When the Department of Homeland Security (DHS) began operations in March 2003, it faced the daunting task of bringing together 22 diverse agencies. This transformation poses significant management and leadership challenges, including integrating a myriad of redundant financial management systems and addressing the existing weaknesses in the inherited components, as well as newly identified weaknes...
Internal Controls: Federal Disbursement Controls Can Be Strengthened
GAO-01-910R: Published: Aug 13, 2001. Publicly Released: Aug 13, 2001.
GAO tested certain internal controls over federal disbursements processed by the Department of the Treasury's Financial Management Service (FMS) in fiscal year 2000. With some exceptions, FMS makes disbursements for all federal agencies through its Regional Financial Centers and Debt Management Operations Center. For fiscal year 2000, FMS reported processing approximately 890 million disbursements...
General Services Administration: Unauthorized Activity Codes Used to Requisition New and Excess Government Property
GAO-01-221R: Published: Jan 8, 2001. Publicly Released: Feb 7, 2001.
As of June 2000, the General Services Administration (GSA) maintained 52 activity codes identified as unauthorized to requisition government property. During the last five years, four of these codes were inappropriately used to requisition about $3,000 in new and excess government property. Although this amount represents a small percentage of total GSA requisitions made during the five-year peri...
Concerns Raised About Use of Unreconciled Activity Codes to Requisition New and Excess Government Property
GAO-01-86R: Published: Dec 6, 2000. Publicly Released: Jan 4, 2001.
Concerns have been raised about the use of unreconciled activity address codes to requisition new and excess government property. The Department of Defense's (DOD) regulation 4000.25-6-M requires that all military services and DOD activities reconcile the activity codes to the Defense Automatic Addressing System Center's master file. Such reconciliations could prevent unauthorized personnel from r...
Determining Performance and Accountability Challenges and High Risks
GAO-01-159SP: Published: Nov 1, 2000. Publicly Released: Nov 1, 2000.
GAO published a performance and accountability challenge report on government programs and functions that GAO has identified as "high risk" because of their greater vulnerabilities to waste, abuse, and mismanagement...
Financial Management: Census Monitoring Board Disbursements, Internal Control Weaknesses, and Other Matters
AIMD-00-317: Published: Sep 29, 2000. Publicly Released: Sep 29, 2000.
Pursuant to a congressional request, GAO reviewed the financial management of the Census Monitoring Board (CMB), focusing on: (1) information on seven specific matters contained in congressional requests; (2) an audit relating to all CMB out-of-town travel disbursements and all other financial transactions over $200 from CMB's inception in June 1998 through March 31, 2000, which resulted in GAO au...
Internal Controls: Disbursement Processing Controls Need Improvement
AIMD-00-236R: Published: Aug 7, 2000. Publicly Released: Aug 7, 2000.
Pursuant to a legislative requirement, GAO provided information on the Financial Management Service's (FMS) controls over safeguarding of assets and documenting disbursements and reconciliation of reports as well as the results of previously suggested improvements.GAO noted that: (1) testing of manual controls and procedures indicated weaknesses related to the safeguarding of vulnerable negotiable...
Determining Performance and Accountability Challenges and High Risks (Exposure Draft)
OCG-00-12: Published: Aug 1, 2000. Publicly Released: Aug 1, 2000.
GAO published an exposure draft on government programs and functions that GAO has identified as "high risk" because of their greater vulnerabilities to waste, fraud, abuse, and mismanagement...
Management Letter: Suggested Improvements in IRS' Accounting Procedures and Internal Controls
AIMD-00-162R: Published: Jun 14, 2000. Publicly Released: Jun 14, 2000.
Pursuant to a legislative requirement, GAO provided information on the results of the Internal Revenue Service's (IRS) financial statements and on the effectiveness of its internal controls for fiscal year (FY) ending September 30, 1999.GAO noted that: (1) GAO found weaknesses in IRS' accounting procedures for certain assets purchased in one year but used for a multi year period; (2) IRS corrected...
Inventory Management: Better Controls Needed to Prevent Misuse of Excess DOD Property
OSI/NSIAD-00-147: Published: Apr 28, 2000. Publicly Released: May 30, 2000.
Pursuant to a congressional request, GAO reviewed the Department of Defense's (DOD) inventory management activities, focusing on the: (1) reliability of using DOD's database systems to determine whether activity codes are authorized to obtain excess DOD property; and (2) adequacy of oversight of the management and use of excess DOD property provided to selected universities and a Florida Army Nati...