Status, Progress, and Problems in Federal Agency Accounting During 15 Months Ended September 30, 1976
FGMSD-77-21: Published: Aug 24, 1977. Publicly Released: Aug 24, 1977.
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During the 15 month period which ended September 30, 1976, the Comptroller General approved the designs of 32 executive agency accounting systems. Principles and standards have been approved for 98 percent of the 338 accounting systems which are subject to approval. Fifty-two percent of the system designs have now been approved.
The Departments of Labor, the Treasury, Commerce, and Transportation have all or most of their accounting systems approved. The Department of Agriculture is pursuing a program of accounting systems development, but its completion is still several years away. Although a departmental system for the Department of Housing and Urban Development has been approved, the Department has never completed the designs of its subsystems. The Department of Defense made little progress in obtaining approval of its systems until recently. However, in the last 4 years, 54 subsystems have been approved, mostly in the Air Force. The Departments of Health, Education, and Welfare (HEW); Interior; and State have progressed so little that there is concern that they will not have approved accounting systems in the near future. Of the 19 accounting systems subject to approval in HEW, only five have been approved. The unapproved systems included the Social Security Administration system, one of the largest in the Government. HEW has consistently failed to meet target dates established for submitting the systems for approval.
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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