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D13334 1 (1951-01-12)

handle is hein.gao/gaobadses0001 and id is 1 raw text is: PROGRESS UNDER THE JOINT PROGRAM TO IMPROVE ACCOUNTING IN THE FEDERAL GOVERNUENT INTRODUCTORY STATEMENT This report was prepared jointly by staffs of the General Acoount- ing Office, Treasury Departnent, and Bureau of the Budget for the heads of the three agencies. It is the second report on progress being made, under the leadership of these agencies, in bringing about im- provements in the Government's accounting and financial reporting. The first report on progress was released under date of January 12, 195O, This report is arranged in two parts and an appendix. The first is a general statement of progress in broad perspective. The second part describes developments in significant areas; for examplet new fiscal legislation, improvements and simplification in central account- ing and related requirements, cooperative work with individual agencies, more effective methods of auditing, etc. The appendix illustrates the cooperative work which has been and is being done with individual agencies of the Government in finding solutions to their special problems and im- proving their particular accounting systems. This report undertakes to summarize progress from the beginning of the program in order that it may be a more complete and useful document. Distinction is made, however, between new developments and those earlier in the program. Januaxy 12, 1951

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