About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

FGMSD-79-29 1 (1979-05-21)

handle is hein.gao/gaobaazfi0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE LM109424 DIVISION OF PINANCIAL. AND MAY 21, 1979 GENERAL MANAGeMENT sTu ,s B-183363 The Honorable Ray Marshall The Secretary of Labor- Dear Mr. Secretary: This report contains the results of our surve yof accounting controls over revenue ' and expenditure transactions of accounting stations in the-f0 regions -of bcth-the plofyy-. me-j tcrj i-jn[ Administra-ti-or (ETA) and the Office of the Assistant Secretary for Administration g,_ae_ (OASAM). We identified potential weaknesses in the accounting systems of both organizations. Essentially, the weaknesses were related to controls over collections, accounts receiv- able, government transportation requests, travel advances, imprest funds, disbursements, and obligations. In many instances, control procedures that were specified in our Policy and Procedures Manual for Guidance of Federal Agencies and which were included in yqur system design that the Comptroller General approved in October 1972 were not in use. The details of weaknesses identified at the accounting stations are discussed in enclosure I and listed by location in enclosure II. Most weaknesses we noted related to control deficiencies within specific regional offices. However, we also noted three problems adversely affecting ,Qn.trols of regional of- fices' financial management activities that required actions by the headquarters office, as described below. --ETA had not implemented procedures to systematically record receivae-s resulting from audit exceptions. Our Policy and Procedures M -nual for Gua ai-6ce--o-f Federal Agencies (2 GAO § 12.4) requires agency of- ficials to accurately and promptly record accounts receivable as they are generated. The failure of ETA to do this was previously noted in our October 1978 report, More Effective Action Is Needed On Auditors' Findings--Millions Can Be Collected Or Saved (FGMSD-79-3). FGMSD-79-29 109424 ()l V(906210)

What Is HeinOnline?

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.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most