Treasury Department: An Assessment of the Need for a Statutory Inspector General
AFMD-86-3
Published: Aug 21, 1986. Publicly Released: Sep 30, 1986.
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Highlights
In response to a congressional request, GAO reviewed the audit and investigative activities the Department of the Treasury's organizational units conducted, focusing on the differences and similarities between the organization and operation of those units and those of the statutory offices of inspector general in other executive branch departments and agencies.
Recommendations
Matter for Congressional Consideration
| Matter | Status | Comments |
|---|---|---|
| Congress should amend the Inspector General Act of 1978 to establish an Office of Inspector General at Treasury in order to strengthen management's control, promote efficient and effective operation, combat fraud, waste, and abuse, and ensure that the Secretary of the Treasury and Congress are kept fully and currently informed of any serious problems. The Internal Revenue Service should be included under the new statutory IG. Congress could also consider special legislative provisions to accommodate Treasury's concerns over the possible disclosure of sensitive law enforcement and tax information. |
Closed – Implemented
|
A statutory IG was established by the Inspector General Act Amendments of 1988, signed into law in October 1988. |
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Topics
Auditing proceduresAuditing standardsInspectors generalInternal auditorsInternal controlsInvestigations by federal agenciesProposed legislationLaw enforcementBudget authoritySecret service