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100686 1 (1977-03-08)

handle is hein.gao/gaobadxtj0001 and id is 1 raw text is: 

DOCUMENT RESUME


00686 - [A0751629]

rFinancial Disclosure Reporting in the Federal Government].
March 8, 1977. 10 pp.

Testimony before the Hcuse Committee on Post Office and Civil
Service: Manpower Subcommittee; by Clifford I. Gculd, Deputy
Director, Federal Personnel and Compensation Div.

Issue Area: Accounting and Financial Reporting (2800).
Contact: Federal Personnel and Compensation Div.
Budget Function: General GovernAent: Central Personnel
    Management (805).
congressional Relevance: House Committee on Post Office -id
    Civil Service: Manpower Subcommittee.
Authority: H.R. 287 (95th Cong.). H.R. 3829 (95th Cong.).

         The enforcement cf requlaticns pertaining to financial
disclosure reporting in the Federal Goverument is considered in
connection with a bill to establish a commission on ethics and
financial disclosure fcr officers and employees of the Federal
Government. GAO believes that oversight and investigation of
individual Members of Congress are not consistent with its role
as a ncnpartisan arm of Congress. Placing the responsibility for
administering financial disclosure with the Comptroller General
could damage the overall effectiveness of the GAO. k commission
on ethics and financial disclosure should be created uith the
responsibility for developing uniform standards and consistent
procedures for the financial disclosure system. Disclosure
reports could be filed with individual agencies and transmitted
by the agencies to such a commission. Individuals who should be
required to file financial disclosure reports, information to be
reported, and review of such reports are considered. (RRS)

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