Assessing GAO's Internal Controls: A Review of the Procurement of Goods and Services

This article, which appeared in the GAO Review, Vol. 21, Issue 2, Spring 1986, discusses the GAO procurement process and how financial management was improved by performing an internal control review. The review's audit program ensured that: (1) obligations and costs complied with regulations; (2) programs, systems, funds, property, and other assets were safeguarded against waste, loss, unauthorized use, or misappropriation; and (3) revenues and expenditures were properly recorded for accountability purposes.