Internal Control Weaknesses in Army Data Processing Operations and Accounting and Financial Reporting
AFMD-93-16ML: Published: Nov 19, 1992. Publicly Released: Nov 19, 1992.
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GAO reported on internal control weaknesses in the Army Corps of Engineers' data processing operations and accounting and financial reporting processes. GAO noted that the Corps: (1) overused a transaction entry procedure that was primarily intended for correcting, but not entering, accounting data; (2) did not document data entries or maintain control logs; (3) allowed personnel to both prepare and approve accounting transactions, contrary to separation of duties standards; (4) allowed system accountants and contractor computer programmers unrestricted access to accounting system computer production programs; (5) lacked written policies and procedures governing accounting system software changes and testing and for reporting and documenting software problems; (6) lacked a formal contingency plan for disaster recovery and backup processing of accounting data; (7) did not implement a uniform general ledger account structure and used inaccurate, inadequate, and outdated instructions to extract data and report values; (8) did not record noncurrent receivables due from the public in its accounting system; and (9) lacked edit routines to ensure the accuracy of financial data received from field locations.
Nov 16, 2020
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Financial Audit:
Bureau of Consumer Financial Protection's FY 2020 and FY 2019 Financial StatementsGAO-21-174R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020. -
Financial Audit:
Federal Housing Finance Agency's FY 2020 and FY 2019 Financial StatementsGAO-21-201R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020. -
Financial Audit:
Securities and Exchange Commission's FY 2020 and FY 2019 Financial StatementsGAO-21-192R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020.
Nov 10, 2020
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Financial Audit:
IRS's FY 2020 and FY 2019 Financial StatementsGAO-21-162: Published: Nov 10, 2020. Publicly Released: Nov 10, 2020. -
Financial Audit:
Office of Financial Stability's (Troubled Asset Relief Program) FY 2020 and FY 2019 Financial StatementsGAO-21-173R: Published: Nov 10, 2020. Publicly Released: Nov 10, 2020.
Nov 9, 2020
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Financial Audit:
Bureau of the Fiscal Service's FY 2020 and FY 2019 Schedules of Federal DebtGAO-21-124: Published: Nov 9, 2020. Publicly Released: Nov 9, 2020.
Nov 6, 2020
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FY 2020 Excise Tax:
Agreed-Upon Procedures Related to Distributions to Trust FundsGAO-21-163R: Published: Nov 6, 2020. Publicly Released: Nov 6, 2020.
Oct 13, 2020
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DOD Financial Management:
Continued Efforts Needed to Correct Material Weaknesses Identified in Financial Statement AuditsGAO-21-157: Published: Oct 13, 2020. Publicly Released: Oct 13, 2020.
Sep 30, 2020
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Financial Management:
DOD Needs to Implement Comprehensive Plans to Improve Its Systems EnvironmentGAO-20-252: Published: Sep 30, 2020. Publicly Released: Sep 30, 2020.
Sep 9, 2020
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Defense Real Property:
DOD-Wide Strategy Needed to Address Control Issues and Improve Reliability of RecordsGAO-20-615: Published: Sep 9, 2020. Publicly Released: Sep 9, 2020.
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