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Financial Management: Annual Costs of Forest Service's Timber Sales Program Are Not Determinable

GAO-01-1101R Published: Sep 21, 2001. Publicly Released: Oct 23, 2001.
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Highlights

GAO reviewed the Forest Services total costs associated with its timber sales program for fiscal years 1998 and 1999. Serious accounting and financial reporting deficiencies at the Forest Service during fiscal years 1998 and 1999 precluded GAO from making an accurate determination of the total federal costs for the timber sales program. These deficiencies made the Forest Service's cost information totally unreliable.

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Accounting proceduresCost accounting standards complianceData integrityFinancial statement auditsReporting requirementsTimber salesFinancial managementFinancial reportingProgram managementFederal agencies