Federal agency accounting systems (61 - 70 of 95 items)
Financial Integrity Act: Inadequate Controls Result in Ineffective Federal Programs and Billions in Losses
AFMD-90-10: Published: Nov 28, 1989. Publicly Released: Nov 28, 1989.
As part of its fourth governmentwide report on federal efforts to strengthen internal controls and accounting systems under the Federal Managers' Financial Integrity Act (FMFIA), GAO reviewed the types and severity of the internal control and accounting system problems that exist throughout the government and the need for a vigorous program to correct these problems.GAO found that: (1) the federal...
Army Logistics: Use of Long Supply Assets in Depot-Level Repair Programs Could Reduce Costs
NSIAD-90-27: Published: Nov 16, 1989. Publicly Released: Nov 16, 1989.
Pursuant to a congressional request, GAO examined the Department of the Army's inventory operations, focusing on: (1) whether the Army had a program to use long-supply spares and repair parts in depot-level repair programs and, if so, whether the program worked effectively; and (2) the economic advantages of using those assets in repair programs.GAO found that: (1) although the Army developed an a...
Profitability of Customs Forfeiture Program Can Be Enhanced
T-GGD-90-1: Published: Oct 10, 1989. Publicly Released: Oct 10, 1989.
GAO discussed how effectively the U.S. Customs Service managed its noncash assets seized from criminal enterprises. GAO found that: (1) the volume of seized assets has increased 3,800 percent, to $1.3 billion, since 1979; (2) remission of property to the owners after payment of fines or penalties accounted for $301.8 million of the total property disposed, while sales, the next highest disposal ca...
Military Logistics: Buying Army Spares Too Soon Creates Excess Stocks and Increases Costs
NSIAD-89-196: Published: Aug 28, 1989. Publicly Released: Aug 28, 1989.
GAO reviewed the Department of the Army's internal inventory control practices, focusing on: (1) whether they allowed premature spare parts purchases; (2) the extent to which they contributed to excessive stock levels, premature deliveries, and increased holding costs; and (3) whether they supported item management decisions and precluded unnecessary purchases.GAO found that: (1) one Army command...
Internal Control Weaknesses in Customs Revenue Collection Process
T-IMTEC-89-5: Published: Apr 17, 1989. Publicly Released: Apr 17, 1989.
GAO discussed the Customs Service's internal controls to account for revenues it collects on imported merchandise. GAO identified serious problems in the Customs' internal controls over revenue collection and deposits, including Customs' failure to: (1) timely detect the theft of about $4.2 million in revenues until 2 months after the initial theft; (2) timely research and identify the missing dep...
Ten-Year Perspective on Federal Inspectors General
T-AFMD-88-16: Published: Aug 4, 1988. Publicly Released: Aug 4, 1988.
GAO discussed the progress statutory Inspectors General (IG) have made in improving federal government operations and strengthening internal audit and investigative activities. GAO noted that IG: (1) saved the government over $100 billion over the past 10 years; (2) significantly decreased previous internal problems such as fragmented and underfunded audits, lack of audit independence, and lack of...
Inventory Management: Air Force Inventory Accuracy Problems
NSIAD-88-133: Published: May 12, 1988. Publicly Released: Jun 1, 1988.
Pursuant to a congressional request, GAO evaluated the Air Force's: (1) physical inventory procedures to determine their accuracy and completeness; (2) research into differences between inventory counts and records; and (3) physical security over inventory.GAO found that, although the Air Force has implemented a variety of policies and practices that have improved the Air Force Logistics Command's...
State Department's Management of Its Travel Advance Funds
T-NSIAD-88-21: Published: Apr 27, 1988. Publicly Released: Apr 27, 1988.
GAO discussed the Department of State's efforts to resolve problems in its management of travel advance funds. GAO found that: (1) State did not have an effective system to monitor and report on travel advances and to collect unused travel funds; (2) State's delinquent travel advances increased from $10 million in 1985 to about $15.4 million in 1987; (3) State has collected only a small portion of...
Navy Inventory Management: Inventory Accuracy Problems
NSIAD-88-69: Published: Mar 4, 1988. Publicly Released: Apr 13, 1988.
Pursuant to a congressional request, GAO reviewed the: (1) accuracy of inventories at the Naval Supply Center in Norfolk, Virginia; and (2) management of these inventories by the Navy Ships Parts Control Center (SPCC).GAO found that the Norfolk Center: (1) inconsistently implemented or misinterpreted Department of Defense (DOD) or Navy policies concerning physical inventories, adjustments, causati...
Strategic Defense Initiative Organization Management Information and Control Issues
T-NSIAD-88-24: Published: Mar 29, 1988. Publicly Released: Mar 29, 1988.
GAO discussed management information and control issues associated with the Strategic Defense Initiative (SDI) Program. GAO found that: (1) a continued lack of adequate data on SDI contract awards hindered the Strategic Defense Initiative Organization's (SDIO) efforts to provide Congress with needed information; (2) SDIO recently took action to identify more completely the type of contractors who...