American Battle Monuments Commission
AIMD-96-24: Published: Dec 28, 1995. Publicly Released: Dec 28, 1995.
- Full Report:
Pursuant to a legislative requirement, GAO audited the revenues and expenditures of the American Battle Monuments Commission's World War II Memorial Fund for the fiscal year (FY) ended September 30, 1994.
GAO found that in FY 1994, the: (1) Fund received $1,617,077 in revenues, including $1,284,846 in coin surcharge proceeds, $328,156 in interest on investments, and $4,075 in private contributions; (2) Commission spent $70,783 for salary and expenses related to the construction of a veterans memorial; (3) Commission had not established a separate Treasury account for the Fund, as required; and (4) Commission's computer controls required strengthening to restrict computer access to authorized personnel.