Financial management (51 - 60 of 64 items)
Guaranteed Loan Programs Are an Increasing Risk
T-AFMD-90-29: Published: Sep 18, 1990. Publicly Released: Sep 18, 1990.
GAO discussed the government's potential financial burden due to billions of dollars invested in faltering and uncollectible guaranteed loans. GAO noted that: (1) at the end of fiscal year (FY) 1989, the government's guaranteed loans totalled almost $588 billion, with $332 billion in guaranteed housing loans; (2) outstanding loan guarantees were expected to total about $838 billion by the end of F...
Navy Supply: Naval Air Stations Have Inventory Accuracy Problems
NSIAD-90-45: Published: Dec 7, 1989. Publicly Released: Dec 7, 1989.
GAO reviewed the Navy's inventory management procedures and practices at naval air stations, focusing on the Norfolk, North Island, and Oceana Naval Air Stations.GAO found that: (1) 38 percent of the Norfolk station's inventory records and 21 percent of the Oceana station's records included errors; (2) the Navy's system for inventory error evaluation and correction was inadequate, because it had o...
Inspectors General: Compliance With Professional Standards by the Agriculture Inspector General
AFMD-86-41: Published: Sep 30, 1986. Publicly Released: Sep 30, 1986.
GAO reviewed the Department of Agriculture's (USDA) Office of Inspector General's (OIG) compliance with professional standards in conducting audits and investigations.GAO found that, of the 23 audit and investigation standards it reviewed, OIG satisfactorily complied with 18. Although OIG complied with certain aspects of the other 5 standards, GAO found that: (1) some OIG supervisors did not docum...
DOD Fraud Hotline: Generally Effective but Some Changes Needed
AFMD-86-9: Published: Mar 21, 1986. Publicly Released: Mar 21, 1986.
Pursuant to a congressional request, GAO evaluated the efficiency of the Department of Defense (DOD) Fraud Hotline as a means of receiving and processing allegations of waste, fraud, and mismanagement in DOD, focusing on: (1) the adequacy of Hotline procedures for receiving, recording, and referring allegations for investigation; (2) the independence of investigators working on Hotline allegations...
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...
Recurring Reports to Congress--Efforts To Eliminate or Modify Certain Reporting Requirements
AFMD-85-49: Published: Apr 1, 1985. Publicly Released: Apr 1, 1985.
After an Office of Management and Budget survey to identify unneeded executive reports to Congress, GAO identified several reporting requirements which it believes that Congress should consider in legislative proposals designed to achieve cost savings and eliminate or modify unneeded reporting requirements.GAO found that the original purpose for the Secretary of the Interior's report on oil well s...
Requirements for Recurring Reports to the Congress
AFMD-85-4: Published: Jan 1, 1985. Publicly Released: Jan 1, 1985.
This publication describes the requirements for statutory and nonstatutory recurring reports to Congress from the executive, legislative, and judicial branches of the federal government and from independent agencies and federally chartered corporations...
Implementation of the Federal Managers' Financial Integrity Act: First Year
OCG-84-3: Published: Aug 24, 1984. Publicly Released: Aug 24, 1984.
GAO summarized the results of its governmentwide review of agencies' efforts to implement the Federal Managers' Financial Integrity Act, which is aimed at strengthening internal control and accounting systems.GAO found that the agencies made a good start in the first year in assessing their internal control and accounting systems, and have demonstrated management commitment to implementing the act...
Department of Health and Human Services Should Improve Policies and Practices on Grant-Related Income
GGD-84-20: Published: Feb 10, 1984. Publicly Released: Feb 10, 1984.
GAO reviewed federal agencies' and grantees' practices and policies for reporting and disposing of federal grant-related income.GAO found that a number of federal agencies, including the Department of Health and Human Services (HHS), have not established regulations conforming to the Office of Management and Budget's (OMB) grant-related income standards or were not adequately implementing their gr...
Progress in Improving Program and Budget Information for Congressional Use
OACG-84-2: Published: Nov 8, 1983. Publicly Released: Nov 8, 1983.
GAO presented its annual report on the progress and results of its continuing program to: (1) develop standard terms and classifications for Federal fiscal, budgetary, and program-related information; (2) identify congressional needs for such information; and (3) monitor recurring reporting requirements of Congress and recommend changes.Over the past year, GAO has noted a number of positive action...