SAS 70 Review: Treasury's Process for Distributing Net Tax Revenue to the Various Federal Government Trust Funds

GAO provided information on the results of its attempt to review the Department of the Treasury's process for distributing to various federal government trust funds the net tax revenue collected by the Internal Revenue Service (IRS), focusing on: (1) the reasons that GAO was unable to complete its review and prepare a Statement on Auditing Standards (SAS) 70 report for fiscal year (FY) 1997; and (2) actions that Treasury will need to take before such a review can be completed.