Approval of the Department of Energy Accounting Principles and Standards Statement

FGMSD-80-51: Published: Apr 18, 1980. Publicly Released: Apr 18, 1980.

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On March 26, 1980, the Department of Energy formally submitted its Statement of Accounting Principles and Standards.

The Statement was found to be adequate and in conformity with GAO prescribed accounting principles and standards for Federal agencies. In order to maintain this approved status, DOE should discuss planned changes with GAO representatives, and, if deemed significant, formally submit these for approval.

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