Financial statements (41 - 50 of 53 items)
The Civic Achievement Award Program
T-AFMD-90-6: Published: Nov 9, 1989. Publicly Released: Nov 9, 1989.
GAO discussed its review of an independent certified public accountant's audit of the Civic Achievement Award Program. GAO found that: (1) the Program's only asset was a $580,734 receivable due from the Library of Congress for reimbursement for incurred expenses; (2) its primary liability of $568,224 represented the amount due for financing the program's operating expenses and included salaries of...
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...
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...
Financial Aspects of the Maritime Administration's Title XI Federal Ship Financing Fund
127254: Jun 25, 1985
Pursuant to a congressional request, GAO discussed on the Maritime Administration's Title XI Federal Ship Financing Fund and summarized its financial aspects. The Federal Ship Financing Program was created to encourage construction of vessels through loan guarantees and had outstanding guarantees and commitments of $6.8 billion in May 1985. Since its conception, the program has grown rapidly and r...
[Revised Title 2 of GAO's Policy and Procedures Manual for Guidance of Federal Agencies]
B-115398: Published: Nov 14, 1984. Publicly Released: Nov 14, 1984.
GAO discussed its issuance of the revised title 2 of the GAO Policy and Procedures Manual for Guidance of Federal Agencies, entitled "Accounting Principles and Standards for Federal Agencies." The revised title calls for agency accounting systems to produce financial statements on the totality of the agency's operations and requires that these systems be an integral part of the agency's total fina...
Navy's Transfer of Power System to Financially Troubled Guam Power Authority Has Been Delayed
ID-82-28: Published: Jul 2, 1982. Publicly Released: Jul 2, 1982.
GAO was asked to review the Island-Wide Power System on Guam, which is jointly operated by the Navy and the Guam Power Authority. The Navy and the Authority entered into a formal agreement providing for the pooling of power generation and transmission facilities and prorated cost sharing. The Power Pool Agreement, as orginally formulated, was to be a short-term arrangement to permit the Authority...
The Results of Initial Review of the Financial and Actuarial Statements Submitted Pursuant to Public Law 95-595
AFMD-82-67: Published: May 21, 1982. Publicly Released: May 21, 1982.
GAO reviewed the Department of Defense (DOD) fiscal year 1980 financial and actuarial statements relating to the military retirement system, a noncontributory, pay-as-you-go, and unfunded system that pays benefits to retired military personnel and certain retirees' survivors.Because the military retirement system is unfunded, DOD contended that a required financial statement and other information...
Improvements Needed in the Management of Federal Prison Industries' Factories
GGD-80-67: Published: Jun 9, 1980. Publicly Released: Jun 9, 1980.
GAO conducted an examination of the fiscal year 1979 financial statements of the Federal Prison Industries, Inc. (FPI).FPI needs to improve the management of its factories. Problems exist in pricing products, determining manufacturing costs, purchasing materials, maintaining inventories, collecting accounts receivable, authorizing and reimbursing travel, and internal reporting of financial informa...
Proposed Increase in Funds Authorized for the Temporary Commission on Financial Oversight of the District of Columbia
109191: Apr 25, 1979
Without proposed legislation the Temporary Commission on Financial Oversight of the District of Columbia will be unable to fulfill the responsibilities assigned to it by law. In essence, public law requires the Commission, through contractors, to improve the District government's financial planning, reporting, and control systems; prepare procedures for ongoing training programs for employees who...
The New York City Seasonal Financing Act of 1975, Public Law 94-143
102196: May 16, 1977
GAO has been monitoring New York City's financial situation since January 1976, and has issued reports summarizing its views. The city made efforts to design a new accounting system as required by the credit agreement with the federal government. However, requirements for implementation of the system by July 1, 1977, and for producing adequate financial statements for auditing will not be met. An...