Financial Management Service: Significant Weaknesses in Computer Controls
AIMD-00-305
Published: Sep 26, 2000. Publicly Released: Sep 26, 2000.
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Highlights
Pursuant to a legislative requirement, GAO provided information on the Financial Management Service's (FMS) computer controls in fiscal year (FY) 1999, focusing on: (1) the significant weaknesses GAO identified in its limited official use report and the recommendations that GAO had made; and (2) a follow-up on previously reported weaknesses.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Department of the Treasury | In GAO's September 22, 2000, Limited Official Use version of this report, GAO reaffirmed its prior year recommendation that the Secretary of the Treasury direct the Commissioner of the Financial Management Service, along with the Assistant Commissioner for Information Resources, to establish an effective entitywide security management program. |
Closed – Implemented
We are closing this recommendation because the remaining outstanding actions to correct weaknesses identified in this report have been included in our report on fiscal year 2000 testing results issued in January 2002 (GAO-02-317).
|
| Department of the Treasury | GAO recommended that the Secretary of the Treasury direct the Commissioner of the Financial Management Service, along with the Assistant Commissioner for Information Resources, to correct each individual weakness that GAO identified and address each of the 59 specific recommendations detailed in that report. |
Closed – Implemented
We are closing this recommendation because the remaining outstanding actions to correct weaknesses identified in this report have been included in our report on fiscal year 2000 testing results issued in January 2002 (GAO-02-317).
|
| Department of the Treasury | GAO recommended that the Secretary of the Treasury direct the Commissioner of the Financial Management Service, along with the Assistant Commissioner for Information Resources, to work with the Federal Reserve Banks (FRB) to monitor corrective actions taken to resolve the computer control vulnerabilities related to FMS systems supported by the FRBs that GAO identified and communicated to the FRBs. |
Closed – Implemented
FRB officials have informed FMS and the results of GAO's fiscal year 2000 audit confirmed that the FRBs had corrected the vulnerabilities identified in GAO's fiscal year 1999 audit.
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Topics
AuthorizationComputer fraudComputer resourcesComputer resources managementComputer securityFinancial managementFinancial statement auditsInternal controlsReporting requirementsSoftwareSystem software