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GGD-83-55 1 (1983-07-22)

handle is hein.gao/gaobabedh0001 and id is 1 raw text is: 




BY THE U.S. GENERAL ACCOUNTING OFFICE



Report To The Director, Office Of

Management And Budget


Improved Standards Needed For Managing

And Reporting Income Generated Under

Federal Assistance Programs


Office of Management and Budget circulars
provide useful Government-wide guidance
and standards for managing and reporting
income generated under federally assisted
programs. However, additional standards
are needed for some grant related income
issues and some existing standards need to
be clarified.

GAO is recommending improvements to
these standards to better ensure that income
generated under federally assisted programs
is applied toward accomplishing grant relat-
ed income objectives of using the income to
increase the size of federally assisted pro-
grams or to reduce the Federal Government's
and grantees' shares of program costs.


1O40
Ccou I.X


113


GAO/GGD-83-55
   JULY 22, 1983


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