Status, Progress, and Problems in Federal Agency Accounting During 15 Months Ended September 30, 1976

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.