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Indian Trust Fund Settlement Legislation

AIMD/OGC-95-237R Published: Sep 29, 1995. Publicly Released: Sep 29, 1995.
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Highlights

Pursuant to a congressional request, GAO provided draft legislation that is intended to help the Bureau of Indian Affairs reconcile indian trust fund accounts. GAO noted that the draft legislation would require mediated negotiation and binding arbitration to resolve disputed account balances.

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Topics

Auditing and Financial Management
Accounting errorsAccounting proceduresAccounts receivableClaims settlementFinancial management systemsFunds managementIndian affairs legislationNative AmericansProposed legislationTrust funds