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Auditing the Nation's Finances: Fiscal Year 1998 Results Highlight Major Issues Needing Resolution

T-AIMD-99-131 Published: Mar 31, 1999. Publicly Released: Mar 31, 1999.
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Highlights

Pursuant to a legislative requirement, GAO discussed its report on the U.S. government's financial statements for fiscal year 1998, focusing on the importance of improving how federal departments and agencies manage the finances of the national government.

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Topics

Accounting proceduresComputer fraudAuditing standardsFederal agency accounting systemsFinancial management systemsFinancial recordsFinancial statement auditsGovernment liability (legal)Internal controlsPublic administrationReporting requirements