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D06353 1 (1990-01-23)

handle is hein.gao/gaobadpwg0001 and id is 1 raw text is: GA O United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States January 23, 1990 The Honorable John Glenn Chairman, Committee on Governmental Affairs United States Senate The Honorable John Conyers, Jr. Chairman, Committee on Government Operations House of Representatives This letter responds to your requests expressing your concern about the magnitude and type of problems at the Department of Housing and Urban Development (HUD) and whether those problems, with their corresponding costs to the taxpayer, could exist at other departments and agencies. I have been concerned about the possibility of other HUD-type problems for some time and, unfortunately, I am convinced that they do indeed exist. GAO has been developing a program to help deal with this matter which may address your concerns. As you know, we completed our review of the agencies' reporting under the Financial Integrity Act (FIA) and issued our report on November 29, 1989. We concluded that since passage of the act 7 years ago, it is evident that the government continues to be plagued by serious breakdowns in its internal control and financial management systems. Unless something more is done to correct the material deficiencies in management information and accounting systems, and material weaknesses in internal controls, major losses of federal funds and the collateral fraud and abuse incidents will continue. The basic deficiencies are known and, in many instances, have been known for many years, but they remain uncorrected. It is not enough for agencies to identify problems; they must act effectively to correct them. Currently, no mechanism exists to ensure that agencies take corrective action.

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