IRS Operations:

Significant Challenges in Financial Management and Systems Modernization

T-AIMD-96-56: Published: Mar 6, 1996. Publicly Released: Mar 6, 1996.

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO discussed its: (1) fiscal year 1994 financial audit of the Internal Revenue Service (IRS); and (2) evaluation of the IRS Tax System Modernization (TSM) effort. GAO noted that: (1) IRS did not use its revenue general ledger accounting system or its master files for its revenue reports, but relied on alternative sources such as Treasury schedules; (2) there were large discrepancies between information in IRS master files and Treasury data; (3) IRS did not properly document transactions or perform adequate analysis to ensure the reliability of the information it reported; (4) IRS was unable to reconcile its accounts and could not substantiate some of its expenses; (5) IRS has initiated actions to correct some previously identified problems concerning computer security, payroll processing, funds reconciliation and monitoring, its budgetary and management control systems, and receipt balance accuracy; and (6) in spite of those actions, IRS lacks the strategic information management practices, software development capability, systems architecture, and effective organization structure to manage and control system modernization.

Apr 17, 2014

Apr 8, 2014

Feb 19, 2014

Dec 18, 2013

Nov 6, 2013

Sep 23, 2013

Jul 1, 2013

Jun 17, 2013

Jun 4, 2013

Looking for more? Browse all our products here