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FGMSD-80-91 1 (1980-09-30)

handle is hein.gao/gaobabjxu0001 and id is 1 raw text is: 







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.-.~-.. .---r s ient:                                       113999

     -~ez *.j- pl'--val. c-f the                cftv cX -
               the President Accc-ntin- :-rinc-les
               and Standards Statemenit 2..-     --

     it is ny pieasure to approve the Fi .-eent of Accw-ntinz    '-   e    d
Stanaards for the E-:ecu-ve C   c  c_ -W.-e :resident. The SL- .
fcrmal.y -   r. R.ichard -    .arde..s etter cf  eze er 15, lf- -     ue and
in confor-itiy with our accounting r-- . .ij--  and sta.-  fo     a-
This Statement does not MAY -tc the a=-.-nting system for tn- ---t   -uo-se
Office. The statement of accounting _rino..ies and sta-.iarcs and !e s-stem
design for ycur office vas approved in Cotober 1969 and is not affeted by
this ap-royi.                                    .1

     To maintain the approved status of the Statement, any f'uture chanzes that
will naterja    affect its contents should be discussed with our r.resenta-
tives and E -z..= fcrmally for aoprc-ni.

     Ye ccend your staff for having de-elomed an accounting princip2es and
standards statement that will be the nucleus of a new accounting system under
development for those organizations within the  :ecutive Office of the Presi-
dent. Your leadership in this endeavor should be an incentive tc cther
executive agencies in development of their accoumnting system designs which have
not reached an a-,mrovable status yursuant to Section l13 of the Acconting and
Auditing Act of 1950.

     Representatives of our Office -wi!l ccntinue to cocoerate w-ith me=bers of
your staff during their accounting system desig - effcrts. Tc assist us in
this cooperative effort: ve request tha- .' Harden prcvide us the date he
anticipates oltaining approval of the acccunting system covere. Iy these
approved rincinles and standards. We also recuest ML -Harden assre us that
necessary action will be taken so that adequate documentation b L  ce su-m-itted
.to poermit our approval by the estim~ated date.

      lie look for-iard to hearing from Mr. .:-a-ren.
                                          Respectfiuhlly yours.,

                                          Signed Elmer B. Sltcas

                                          Coptroller zeneral
                                          of the United States

be: 1r . Scantlebury (FGMSD)
     Mr. Donlon (Y?MSD)

     Index and Files
     .M. Simonette (-GMSD)

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