Accounting procedures (51 - 60 of 61 items)
Strengthening Internal Controls Would Help the Department of Justice Reduce Duplicate Payments
AFMD-85-72: Published: Aug 20, 1985. Publicly Released: Aug 20, 1985.
Pursuant to a congressional request, GAO reviewed duplicate payments made by federal agencies at selected federal payment centers, including one within the Department of Justice's Justice Management Division.GAO identified, through independent testing of prior payments, weaknesses in the automated and manual controls used to prevent duplicate payments. GAO found that: (1) the automated internal co...
Implementing the Federal Managers' Financial Integrity Act
127082: Jan 1, 1985
This article, which appeared in the GAO Review, Vol. 20, Issue 2, Spring 1985, discusses the first-year review of the Federal Managers' Financial Integrity Act of 1982 implementation and summarized the lessons learned and the impacts of ongoing and future work in this area. GAO concluded that the agencies satisfactorily began their assessments and demonstrated a strong management commitment to imp...
Internal Control Weaknesses at the U.S. Customs Service
AFMD-84-23: Published: May 23, 1984. Publicly Released: May 23, 1984.
GAO reported the results of a survey of internal controls at 12 U.S. Customs Service offices. The survey was conducted during the period of January 1983 to April 1983.The survey identified weaknesses in internal controls which usually resulted because established procedures were not followed. The weaknesses existed in controls over the: (1) deposit, accounting, and safeguarding of collections, inc...
Assessing Implementation of the Financial Integrity Act: GAO Assists OMB
123794: Jan 1, 1984
This article, which appeared in the GAO Review, Vol. 19, Issue 1, Winter 1984, discusses the assistance which GAO gives to the Office of Management and Budget (OMB) in reviewing the implementation of the Federal Managers' Financial Integrity Act. The GAO role in implementing the act involves the areas of: (1) establishing and maintaining internal control standards; (2) prescribing accounting stand...
The Bureau of Public Debt Should Better Control Savings Bond Sales and Redemptions
AFMD-84-16: Published: Oct 31, 1983. Publicly Released: Oct 31, 1983.
GAO reviewed the U.S. Savings Bond Program to determine the adequacy of accounting procedures and internal controls and to identify any losses resulting from irregularities or abuses.Savings bonds are sold by agents, to whom blank savings bond stock is provided on consignment by the Bureau of the Public Debt. Fraudulent or unauthorized bond issues cannot be detected until after they are redeemed t...
Some Small Purchase Procurements at FERC Were Not Well Managed
RCED-83-95: Published: Mar 29, 1983. Publicly Released: Mar 29, 1983.
GAO reviewed small purchase procurements of the Federal Energy Regulatory Commission (FERC) in regard to the Trans-Alaska Pipeline System (TAPS) rate case.GAO noted that FERC spent over $179,000 in documenting the TAPS project which was originally estimated to cost about $1 billion but actually cost about $9.4 billion. GAO found that the FERC lack of management controls over the procurement and ac...
Approval of Accounting Procedures Used for the Department of Justice Working Capital Fund
FGMSD-80-94: Published: Sep 30, 1980. Publicly Released: Sep 30, 1980.
No summary is currently available...
The Department Of Defense Can Improve Its Free-Asset Management
LCD-76-414: Published: Mar 3, 1976. Publicly Released: Mar 3, 1976.
Pursuant to a congressional request, GAO provided information on the free-asset amounts available to the Department of Defense (DOD).GAO noted that: (1) free assets accrue to DOD as receipts from sales of equipment not requiring in-kind inventory replacement; (2) the majority of free assets accrue from foreign military sales; (3) DOD gives to Congress estimates of free-asset funds which are used i...
Comments on Payments of Dept. of Commerce Vouchers
B-179916: Published: Mar 11, 1974. Publicly Released: Mar 11, 1974.
The Department of Commerce requested a decision on whether it could certify for payment certain Civil Service Commission vouchers. GAO noted that the: (1) Department of Commerce's certifying officer correctly refused to certify the vouchers for payment, since they lacked appropriate administrative approvals and pertinent supporting documentation; and (2) vouchers should be returned to the appropri...
Selected Aspects Of Payments And Charges To Job Corps Members
B-130515: Published: Jun 30, 1969. Publicly Released: Jun 30, 1969.
GAO reviewed the adequacy of controls exercised by the Office of Economic Opportunity (OEO), the Job Corps centers, and the Office of Economic Opportunity Operations, Army Finance Center (OEOO-FCUSA) in administering the payment of various types of allowances and the offsetting advances.GAO noted that: (1) in 1967 Job Corps centers did not report cash advances of about $125,000 to OEOO-FCUSA becau...