Federal Aviation Administration: Financial Management Issues
T-AIMD-99-122
Published: Mar 18, 1999. Publicly Released: Mar 18, 1999.
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Highlights
Pursuant to a congressional request, GAO discussed the financial management issues at the Federal Aviation Administration (FAA), focusing on: (1) FAA's financial management weaknesses; (2) fundamental problems which FAA must resolve in order to achieve financial accountability; and (3) corrective measures the agency has under way.
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AccountabilityCost accountingCost controlEquipment inventoriesFederal agency accounting systemsFederal property managementFinancial managementInternal controlsInventory control systemsSpare parts