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D19378 1 (1973-08-01)

handle is hein.gao/gaobadvdi0001 and id is 1 raw text is: 


















New Booklets on GAO

   Two booklets were published re-
cently to help inform Members of Con-
gress and others interested about GAO
functions and activities and how it
operates.
   ----The U.S. General Accounting
     Office-Purposes-FunctionsServ-
     ices-a descriptive and explana.
     tory brochure about -GAO and its
     role in the Federal Government.
     This booklet is a revision of an
     earlier brochure.
   -The        General       Accounting
     Office-Answers   to  Frequently
     Asked Questions-A new book.
     let which contains a statement by
     the Comptroller General of the
     United States on GAO objectives
     and 71 questions with answers
     concerning GAO responsibilities,
     policies, and methods of opera-
     tions.
   Senator Sam J. Ervin, Jr., of North
Carolina referred to the second book-
let when he placed in the Congres-
sional Record for July 12, 1973, the
Comptroller General's statement on
GAO objectives. Senator Ervin stated:
  Mr. President, on June 21, I introduced
on behalf of myself and Senators RiIBcoFF
and METCALF, the Accounting and Auditing
Act of 1973. This bill is designed to


strengthen and update the authority and
functions of the General Accounting Office
in order that it may more effectively carry
out its statutory responsibilities.
  The General Accounting Office is the
agency of the Congress and serves as an
important source of information on Federal
Government operations for all Members of
Congress. Recently the Comptroller General
published a new booklet on his office, which
provides answers to numerous questions that
are frequently asked about the objectives,
purposes, and responsibilities of the GAO.
This excellent booklet, which is available to
all Members of Congress, and publicly
available to students, libraries, and mem.
bers of the public for their use and infor-
mation, also contains a fine summary state-
ment of the objectives of the General Ac.
counting Office prepared by the Comptroller
General.
  I think all Members of Congress will be
interested in the  Comptroller General's
statement and I ask unanimous consent
that it be printed in the REcoRn.


Improving Auditing Standards

  GAO has published a new booklet
entitled What GAO Is Doing To Im-
prove Governmental Auditing Stand-
ards. It is one of the follow-on
projects growing out of the publica-
tion in June 1972 of the statement of
standards for audit of governmental
organizations,    programs,      activities,
and functions.


fiie amendment to the Defense Pro-  Accounting Standards Board i Public    On March 5, 1971, Mr. Stats,
ction Act of 1950 passed in August  La 91-1791 was passed by the Con-   Chairman of the Board, announced t
70 which provided for the establish-  grass folloting an 18-month stud% by  the Board had selected Arthur Sche
snt of the Cost Accounting Standards  the General Accounting Oflice under-  haut as Executive Secretary.
ard designated the         r Gen.  taken by previou.  rection . he  n-     Mr. Schoenhaut has served the F
I asChairman ad          1 h t  I I this a -  AO f     bat '            since 1950. tntil
Sotot the other fou r               dards     th f       I     aenera            cont
The law further sp           d      The        sta     t            id as Deputy Direc
additional members ae tob f 0     om. u    vas then incorpor te   the   of  e C il Diision from 1964 to 19
a accounting profession one is to be  amendiients to the Defense Pioduction  Since 1967 he has been Deput, Cot
representative of industri; and one  Act approsed August 15. 1970. Funds  troller of the Atomic Energy Comn
to be from a Federal department or  for the establishment of the Board %iere  sion.
ency.                        approved recentl) b% the Congress. Mr, Schoenhaut received his B.F

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