HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.gao/gaobaawez0001 and id is 1 raw text is:
DocofUll, BISOME
04020 - 183134376]
[Weaknesses in the Food and Drug Admini--tritionts Financial
Management System]. FGISD-77-76; 8-183363. November 8, 1977.
2pp. + 2 eniosures (5 pp.).
Report to Donr, ld Kennedy, Commissionar, Voed mad Drag
Administratii-n: by D. L. Scantlebury, Ditector, Financial and
General Hnar.iqment Studiec Div.
Issue Arer,: Accounting ant rinanci&1. Reporting (2800);
Acco'r.ting and tin anctal Reportlnwgt Xatr2- Controls over
Receipts and Disbursesaents (910).
Contact: Finaucial and G+Yiteral Management Studies Div.
Budget Function: Miscellaneous: Financial Xinagement end
Information Systems ('1062).
Organization Concerned: Department of Realth, Zducations and
Welfare; Food &nd Drug Administration: Div. of Financial
1knageMent.
Authority: 31 U.S.C. 66a. 7 r-O 11.1. 7 GAO 12.2. 7 GAC 27.6. 2
GAO 12.4. 7 GAC 25.6. 7 GAO 24.1. 7 GAO 17. 7 GAO 25.3, 7
GAO 24.8.
A questionnaire survey was conduc -ed to evaluate the
procedures and controls applicable to revenue and expenditure
transactions at the Food and Drug Administration's Office cf
administration, Division of Financial Management, an4 at 18
agency accounting stations. Tha questionnaire covered tke system
of internal controls over collections, diskursements, inmpest
funds, and obligatirns &und was designed to identify potental
problem areas. Findings/Conclusions: PDA's Division of
Fin-ncial Management and its accounting stations did not have
c-.od internal control of their o.]3i*ctions and did not deposit
collections promptly. In many inst,ices, they did not properly
record collections in control registere upon receipt. Soe
accounting stations did not safegurd collections before they
were tran.;sitted to headquarters foz deposit. The Division of
Financial 3anaqgeent and the agency accounting stations, in some
instances, Nad not established adequate acccunting or physical
control of 1abirest funds. FDA is authorized to b4 11 firms for
the cost of removing h&zardous substances from the marketplace.
The Division of Financial lanaqement, however*, did not record
amounts it billed private firms as accounts receivable. Some
accovuting stations did not review and analyze employee travel
advances. The Division of Financial Managese-it and agency
accountin4 stations, in some instances, did not provide adequate
support for disbursements and periodical review of unliquidated
obligations. At four accountiag stations, the basis for and the
method of computing estimated monthly obligations were not
explained in the supporting documents to blp saaagezs and
independent Leviewers insure that the amounts of the oLligations
wore reasonable. (SV)](ViewImageLocal?handle=hein.gao/gaobaawez0001&div=1&collection=&method=preview&ext=.png&size=3)