Inadequate Methods Used to Account for and Recover Personnel Costs of the Foreign Military Sales Program
FGMSD-77-22: Published: Oct 21, 1977. Publicly Released: Oct 21, 1977.
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The Foreign Military Sales Act, as amended, requires that the government be reimbursed by other countries for full costs of administrative personnel used in the Foreign Military Sales program. The Defense Department (DOD) presents its recommendations to the Congress on the strengths of the military services and civilian employees in its Manpower Requirements Reports.
The Manpower Requirements Report for fiscal year (FY) was misleading, and the three military services used inconsistent criteria in reporting on estimates of personnel needed for the program. A one-time estimate of personnel requirements for FY 1977 prepared for the Senate Armed Services Committee was incomplete, inaccurate, and inconsistent. DOD usually charges a 2-percent surcharge on foreign military sales cases to recover administrative costs, but there was no assurance that this was adequate because the system of accounting for personnel was inadequate and factors included in the surcharge to recover retirement costs were not high enough. Reliable estimates of personnel requirements are needed to: (1) give Congress a basis to authorize personnel ceilings; (2) develop a budget for administering the program; establish a basis for administrative surcharges; and (3) provide a basis for reimbursement for costs from receipts generated by the program.
Feb 18, 2021
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Financial Audit:
Federal Deposit Insurance Corporation Funds' 2020 and 2019 Financial StatementsGAO-21-284R: Published: Feb 18, 2021. Publicly Released: Feb 18, 2021.
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.
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