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FGMSD-79-39 1 (1979-07-10)

handle is hein.gao/gaobaazlm0001 and id is 1 raw text is: A IoqU3 UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 I LM109836 DIVISION OF FINANCIAL AND GENERAL MANAGEMENT STUDtIES B-183363 JULY 10, 1979 Admiral M. F. Weinr USNJUY 17 Commander in Chiefl U.S. Pacific Fleet Illl Dear Admiral Weisner: 109836 This report contains the results of our survey of accounting controls over revenue and expenditure transactions at 21 accounting stations in your Command, including stations from the surface, submarine, and naval air forces. The con- trol weaknesses that we noted are detailed in enclosure I and the locations of such weaknesses are shown in enclosure II. Briefly, our survey efforts identified many internal control weaknesses in your Command's accounting system. The weaknesses were prevalent in ship disbursing officers' funds, imprest funds, disbursements and collections, and were severe enough to prevent reliance upon the financial management sys- tem to properly control and safeguard financial resources. We discussed our survey results with the responsible U.S. Pacific Fleet officials at all locations visited and, in most cases, they initiated or promised to take actions to correct the weaknesses we cited. Because of this, we are not making any formal recommendations at this time, but are providing you with details of the weaknesses to help in discharging your responsibilities under the/Accounting and Auditing Act of 1950 (31 U.S.C. 66a).( As you know, that law requires agencies to provide effective control and accountability over all funds for which they are responsible. You should have appropriate Command officials determine whether actions to correct system weaknesses discussed in this report were completed promptly and effectively. We spe- cifically encourage you to periodically monitor your Command's imprest funds because of questionable disbursements we found and because the funds, by their nature, readily provide oppor- tunities for misuse. For your information, we evaluated the accounting con- trols using questionnaires designed to identify potential problem areas. The questionnaires covered the system of in- FGMSD-79-39 ___________(906360)

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