Internal controls (21 - 22 of 22 items)
Financial Audit: Military Retirement System's Financial Statements for Fiscal Year 1985
AFMD-87-35: Published: Sep 30, 1987. Publicly Released: Sep 30, 1987.
Pursuant to a congressional request, GAO audited the financial statements of the U.S. Military Retirement System for fiscal year 1985.GAO found that, except for an understatement and a lack of disclosure of about $75 million in accounts payable, the financial statements presented fairly the System's financial position for the fiscal year then ended, and the results of its operations, in conformity...
Disclaimer of Opinion on the Financial Statements of the Pension Benefit Guaranty Corporation for FY 1980
AFMD-82-42: Published: Jun 23, 1982. Publicly Released: Jun 23, 1982.
GAO examined the combined statement of the financial condition of the Pension Benefit Guaranty Corporation (PBGC) as of September 30, 1980, the related combined statements of operations and changes in the deficiency in net assets, and the changes in financial condition for the year then ended.GAO found material accounting and estimating problems, internal control weaknesses, and major uncertaintie...