Senate Gift Shop Revolving Fund: Procedures Related to FY 2024 Receipts and Disbursements
Fast Facts
The Senate Gift Shop sells gift and memorabilia items to members of the Senate, their staff, and the public. As part of our role in helping Congress oversee its own funds, we performed certain procedures that the Senate Committee on Rules and Administration requested on behalf of the Secretary of the Senate. We reviewed the documents supporting the Gift Shop's fiscal year 2024 receipts and disbursements.
Our report provides the results of performing each of the procedures and includes responses to our findings from officials at the Senate Gift Shop. We make no overall conclusion on the results.
The Capitol building
Highlights
What GAO Found
GAO performed agreed-upon procedures solely to assist the Secretary of the Senate in ascertaining whether information from the Senate Gift Shop and the Senate Disbursing Office supported the Senate Gift Shop Revolving Fund’s (Fund) fiscal year 2024 receipts and disbursements. The procedures that GAO agreed to perform were related to the Senate Gift Shop’s processes over (1) daily receipts, weekly deposits, and monthly reconciliations for the Fund’s receipts and (2) purchasing, invoice payment, and monthly reconciliations for the Fund’s disbursements.
The Secretary of the Senate is responsible for the sufficiency of these agreed-upon procedures to meet its objectives, and GAO makes no representation in that respect. The report provides details on the agreed-upon procedures and the results of performing each of the procedures.
The Secretary of the Senate in an email response stated that she had no comments on the report.
Why GAO Did This Study
The Chair and Ranking Member of the Senate Committee on Rules and Administration requested that GAO perform procedures on the Fund’s fiscal year 2024 receipts and disbursements. The Senate Gift Shop is under the authority of the Secretary of the Senate and is responsible for offering members, staff, and the general public the opportunity to purchase Senate memorabilia and gifts. Sales receipts are deposited into the Fund at the Senate Disbursing Office and then used to purchase inventory items for resale, supplies, and other services.
For more information, contact: Cheryl E. Clark at clarkce@gao.gov.