GAO Mission and Operations:
Compilation of General Accounting Office Findings and Recommendations for Improving Government Operations, Fiscal Year 1960
B-138162, Mar 27, 1961
This report is a compilation of General Accounting Office findings and recommendations for improving Government operations. These findings and recommendations relate, for the most part, to the fiscal year 1960. The compilation also describes the actions taken by the departments and agencies of the Federal Government as a result of these recommendations. The purpose of this report is to provide a convenient summary showing the nature, extent, and variety of matters with which the General Accounting Office concerns itself in its audit activities. The recommendations included in this compilation were made in connection with our responsibilities under the Budget and Accounting Act, 1921; the Accounting and Auditing Act of 1950; and other laws which require us to independently examine for the Congress the manner in which the departments and agencies are discharging their financial responsibilities. The financial responsibilities are construed as including the administration of funds and the utilization of property and personnel for only authorized programs, activities, or purposes and the conduct of programs or activities in an effective, efficient, and economicaI manner. Particular emphasis is placed on any aspects suspected or found to require correction or improvement and on the means of accomplishing it. Our examinations range from inquiries into individual transactions or phases of operations to reviews of selected aspects of major programs. Recommendations have been made on such diverse subjects as production planning and control, operation of motor pools, debt collection, rate of interest earned on foreign currency deposits, accounting procedures, use of automatic data processing equipment, internal controls over cash and other assets, fees charged for Government-furnished services, warehousing, use of facilities, administration of economic and technical assistance programs in foreign countries, need for the Air Force to develop in-house capability to provide systems engineering and technical direction for its ballistic missile program, and need for effective review of contractors' costs in negotiating prices for the purchase of materials and supplies.