Financial management (11 - 20 of 47 items)
DOD Excess Property: Management Control Breakdowns Result in Substantial Waste and Inefficiency
GAO-05-277: Published: May 13, 2005. Publicly Released: Jun 7, 2005.
Based on limited previous GAO work that identified examples of purchases of new items at the same time identical items in excellent or good condition were excessed, GAO was asked to assess the overall economy and efficiency of the Department of Defense (DOD) program for excess property reutilization (reuse). Specifically, GAO was asked to determine (1) whether and to what extent the program includ...
GAO's 2005 High-Risk Update
GAO-05-350T: Published: Feb 17, 2005. Publicly Released: Feb 17, 2005.
GAO's audits and evaluations identify federal programs and operations that, in some cases, are high risk due to their greater vulnerabilities to fraud, waste, abuse, and mismanagement. Increasingly, GAO also is identifying high-risk areas to focus on the need for broad-based transformations to address major economy, efficiency, or effectiveness challenges. Since 1990, GAO has periodically reported...
21st Century Challenges: Reexamining the Base of the Federal Government
GAO-05-352T: Published: Feb 16, 2005. Publicly Released: Feb 16, 2005.
This report stems from the recognition that the Congress faces a daunting challenge: the need to bring government and its programs in line with 21st century realities. This challenge has many related pieces: addressing the nation's large and growing long-term fiscal gap; deciding on the appropriate role and size of the federal government--and how to finance that government--and bringing the panopl...
Customs Service Modernization: Third Expenditure Plan Meets Legislative Conditions, but Cost Estimating Improvements Needed
GAO-02-908: Published: Aug 9, 2002. Publicly Released: Aug 9, 2002.
The U.S. Customs Service has begun a multiyear, multibillion-dollar project: the Automated Commercial Environment (ACE), a new import processing system that is planned to support effective and efficient movement of goods into the United States. By congressional mandate, Customs' expenditure plans for ACE must meet certain conditions, including being reviewed by GAO. This report addresses whether C...
Social Security Administration: Agency Must Position Itself Now to Meet Profound Challenges
GAO-02-289T: Published: May 2, 2002. Publicly Released: May 2, 2002.
The Social Security Administration (SSA) provided $450 billion in benefits to 50 million recipients in fiscal year 2001. Since 1995, when SSA became an independent agency, GAO has called for effective leadership and sustained management attention to several unresolved management challenges, including the redesign of its disability claims process, management and oversight problems with its SSI prog...
Executive Guide: Leading Practices in Capital Decision-Making (Supersedes AIMD-98-110)
AIMD-99-32: Published: Dec 1, 1998. Publicly Released: Dec 1, 1998.
This publication supersedes AIMD-98-110, Executive Guide: Leading Practices in Capital Decision-Making, April 1998. GAO published a guide: (1) summarizing the 12 fundamental practices that have been successfully implemented by organizations recognized for their outstanding capital decisionmaking practices; and (2) providing examples from which the federal government may be able to draw lessons and...
GPRA Performance Reports
GGD-96-66R: Published: Feb 14, 1996. Publicly Released: Feb 14, 1996.
Pursuant to a legislative requirement, GAO presented its initial observations on selected agencies' implementation of the Government Performance and Results Act. GAO noted that: (1) among the 13 pilot projects selected for review, there are some individual practices that can enhance the general usefulness of future performance reports to decisionmakers and the public; (2) these practices include d...
Naval Academy Athletic Association: Organizational Status, Financial Operations, and Oversight
NSIAD-91-291: Published: Sep 24, 1991. Publicly Released: Oct 9, 1991.
Pursuant to a congressional request, GAO provided information on the Naval Academy Athletic Association (NAAA), a private, nonprofit, voluntary association that provides funds for the Naval Academy's intercollegiate athletic program and operates a gift shop and a tour-guide service at the academy, focusing on: (1) NAAA organizational status and the Naval Academy's control over it; and (2) financia...
Borrower Loan Prepayments: OMB Guidelines Need to Be Strengthened
AFMD-89-19: Published: Jan 11, 1989. Publicly Released: Feb 15, 1989.
In response to a congressional request, GAO evaluated certain aspects of loan prepayment programs that allowed borrowers to pay off their loans at less than the amounts owed, focusing on: (1) statutory authority for prepayment programs; (2) program costs and benefits; (3) differences between loan prepayment programs and collateralized loan sales; (4) the ability of the programs to achieve credit r...
Congressional Award Program: Problems at the National Level Must Be Solved if the Program Is To Progress
AFMD-89-14: Published: Nov 14, 1988. Publicly Released: Nov 14, 1988.
Pursuant to a legislative mandate, GAO: (1) audited the financial records of the Congressional Award Foundation, a nonprofit corporation the Congressional Award Board established to carry out its daily operations; and (2) evaluated the effectiveness of the Board's Congressional Award Program, a locally administered program intended to promote youth initiative, achievement, and excellence.GAO found...