Financial Disclosure: Navy's Public Disclosure System Generally Works Well but Can Be Improved
NSIAD-89-194
Published: Jul 27, 1989. Publicly Released: Aug 15, 1989.
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Highlights
Pursuant to a congressional request, GAO reviewed the Navy's implementation of the executive personnel financial disclosure system.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Department of the Navy | The Secretary of the Navy should standardize the use of the Directory of Corporate Affiliations by all Navy and Marine Corps reviewers as an additional means of detecting potential conflicts of interest. |
Closed – Implemented
The Navy implemented the recommendation. While review of disclosure forms should improve, GAO cannot project a tangible improvement in order to claim an accomplishment.
|
| Department of the Navy | The Secretary of the Navy should review management controls over the Navy and Marine Corps executive financial disclosure reporting program in the Navy and Marine Corps implementation of the Federal Managers' Financial Integrity Act. |
Closed – Implemented
The Navy implemented the recommendation. This is a compliance issue and consequently not subject to an accomplishment report.
|
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Topics
Conflict of interestsDepartment of Defense contractorsEthical conductFinancial disclosureInternal controlsMarine Corps personnelMilitary officersNaval personnelPublic officialsReporting requirements