Internal controls (51 - 57 of 57 items)
Financial Audit: IRS' Fiscal Year 1998 Financial Statements
AIMD-99-75: Published: Mar 1, 1999. Publicly Released: Mar 1, 1999.
Pursuant to a legislative requirement, GAO examined the Internal Revenue Service's (IRS) financial statements for the fiscal year (FY) ending September 30, 1998.GAO noted that: (1) pervasive weaknesses in the design and operation of IRS' financial management systems, accounting procedures, documentation, recordkeeping, and internal controls, including computer security controls, prevented IRS from...
Tax Administration: IRS Inspection Service and Taxpayer Advocate Roles for Ensuring That Taxpayers Are Treated Properly
T-GGD-98-63: Published: Feb 5, 1998. Publicly Released: Feb 5, 1998.
GAO discussed the: (1) adequacy of the Internal Revenue Service's (IRS) controls over the treatment of taxpayers; (2) responsibilities of the Offices of the Chief Inspector (IRS Inspection) and the Department of the Treasury Office of the Inspector General (OIG) in investigating allegations of taxpayer abuse and employee misconduct; (3) organizational placement of IRS Inspection; and (4) role of t...
Financial Audit: Examination of IRS' Fiscal Year 1994 Financial Statements
AIMD-95-141: Published: Aug 4, 1995. Publicly Released: Aug 4, 1995.
Pursuant to a legislative requirement, GAO examined the Internal Revenue Service's (IRS) financial statements for fiscal years (FY) 1993 and 1994.GAO found that: (1) critical supporting information for IRS financial statements was not available; (2) the available information was generally unreliable due to ineffective internal controls; (3) IRS internal controls did not effectively safeguard asset...
Financial Audits: CFO Implementation at IRS and Customs
T-AIMD-94-164: Published: Jul 28, 1994. Publicly Released: Jul 28, 1994.
GAO discussed the Internal Revenue Service's (IRS) and the Customs Service's compliance with the Chief Financial Officers (CFO) Act's financial reporting requirements. GAO noted that: (1) although it was unable to provide an opinion on IRS and Customs' fiscal year 1993 financial statements because of continuing financial management problems, IRS and Customs have made significant improvements to th...
Financial Management: IRS Does Not Adequately Manage Its Operating Funds
AIMD-94-33: Published: Feb 9, 1994. Publicly Released: Feb 9, 1994.
GAO reviewed the Internal Revenue Service's (IRS) management of its $6.7 billion in fiscal year (FY) 1992 appropriated operating funds, focusing on whether IRS: (1) managed and expended operating funds in accordance with the limitations and purposes specified by Congress; and (2) properly reported its expenditures.GAO found that: (1) only the IRS national office and central region use the Automate...
Financial Management: IRS' Self-Assessment of Its Internal Control and Accounting Systems Is Inadequate
AIMD-94-2: Published: Oct 13, 1993. Publicly Released: Oct 13, 1993.
Pursuant to a legislative requirement, GAO reviewed the Internal Revenue Service's (IRS) efforts to identify, report, and correct material weaknesses in its internal control and accounting systems, focusing on: (1) the IRS process for evaluating its internal control and accounting systems; and (2) IRS plans for correcting reported material weaknesses.GAO found that: (1) the IRS fiscal year 1992 as...
Financial Management: First Financial Audits of IRS and Customs Revealed Serious Problems
T-AIMD-93-3: Published: Aug 4, 1993. Publicly Released: Aug 4, 1993.
GAO discussed: (1) financial statement audits at the Internal Revenue Service (IRS) and the Customs Service; and (2) the need for full implementation of Chief Financial Officers (CFO) Act provisions. GAO noted that: (1) IRS and Customs audits have revealed serious financial management problems, such as inaccurate accounts receivable estimates, unreliable property records, and inadequate controls,...