Financial Audit of the District of Columbia Office on Aging
GGD-80-70: Published: Jul 17, 1980. Publicly Released: Jul 17, 1980.
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GAO reviewed the financial operations of the District of Columbia's Office of Aging, particularly programs operated by nonprofit community-based organizations which receive Office funds to provide services such as nutritional meals to the District's senior citizens. For the fiscal year 1978, the Office received about $2.7 million in Federal grants and about $600,000 in District appropriated funds to operate programs for the elderly. The nonprofit organizations (subgrantees) generally accounted for the funds properly. But about $8,600 was reportedly embezzled by one of the subgrantees before the review began.
The Office on Aging has not adequately monitored subgrantees' operations to ensure that they are in compliance with grant provisions. More effective monitoring through regular site visits and evaluations and verification of unusual expenditures would help deter improper use of funds and ensure that weaknesses identified earlier are corrected. Also, the Office is not effectively using public accountant audit reports and management letters and subgrantee fiscal reports to monitor and evaluate subgrantees' activities and fund uses. The Office's Executive Director agreed that more frequent visits are needed and that unusual expenditures should be verified. He stated that lack of resources has greatly hindered the Office from adequately monitoring and performing onsite evaluation of subgrantee operations. Public accounting firms have recommended to the subgrantees that they reconcile bank accounts and general ledger accounts monthly, develop an office procedures manual detailing employees' duties and responsibilities, prepare an accounts payable listing, improve payroll review procedures, and prepare an accounting manual.
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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