Financial Audit: Reconciliation of Fund Balances with Treasury

AIMD-97-104R Published: Jun 24, 1997. Publicly Released: Jun 24, 1997.

Highlights

GAO provided: (1) information on key Treasury and agency processes and procedures for reconciliations of fund balances with Treasury accounts and alert Inspectors General (IG) to GAO concerns and certain issues related to these reconciliations that have emerged in GAO's work to date; and (2) guidance and suggested audit procedures for fund balances with Treasury accounts to assist IGs in developing audit plans for audits of fiscal year 1997 financial statements.

Full Report

Full Report (22 pages)

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Chuck Young

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youngc1@gao.gov

(202) 512-4800

Topics

Auditing and Financial Management

Auditing proceduresFinancial statement auditsFinancial statementsFund auditsInspectors generalTreasury accountsChief financial officersFinancial managementConsolidated Financial Statements of the U.S. GovernmentInformation management