Review of the System of Accounting for Accounts Receivable from the Public Used by the Bureau of Government Financial Operations, Department of the Treasury

A review of the system of accounting used by the Bureau of Government Financial Operations, Department of the Treasury, for accounts receivable from the public showed that the billing and collection system is, for the most part, operated effectively in accordance with the accounting system approved by the Comptroller General in March 1969. However, the accounting for and reporting of these receivables need improvement.