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FPCD-76-55 1 (1976-08-10)

handle is hein.gao/gaobaabht0001 and id is 1 raw text is: 





REPORT TO


         WAA




THE CONGRESS


BY THE COMPTROLLER GENERAL

OF THE UNITED STATES


LM098218


Problems Found In The

Financial Disclosure System For

Department Of Commerce

                                    UNITED STATES
       Em ployees              GENERAL ACCOUNTING OFFICE


The close relationship between the Depart-  A   10 1976
ment of Commerce and the Nation's business
community calls for vigilance by the Depart-  LIBRARY SYSTEM
ment to have an effective financial disclosure
system for its employees.


GAO reports weaknesses in the Department's
financial disclosure system including the need
to:

    --Improve  procedures   for collecting,
    processing, and controlling financial
    disclosure statements.

    --Develop criteria and systematic proce-
    dures to review statements.

    --Improve procedures and timely follow-
    up on financial interests.

    --Enforce and expand its criteria for
    identifying persons who should file fi-
    nancial disclosure statements.


AUG. 10,1976


- 7-


FPCD-76-55

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