About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

AFMD-82-87 1 (1982-06-17)

handle is hein.gao/gaobabdjw0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE I P3 WASHINGTON, D.C. 20548 ZCOUNTING AND FINANCIAL MANAGIMSJ4T DIVISION B-207736 JUNE 17,1982 The Honorable Louis 0. Giuffrida Director, Fe deral Emergency i l Management Agency 111111111 118713 Dear Mr. Giuffrida: Subject: Weaknesses in Internal Financial and Accounting Controls at the Federal Emergency Management Agency (GAO/AFMD-82-87) This report contains the results of our survey of internal controls over the Federal Emergency Management Agency's (FEMA's) financial and accounting operations. The survey identified seri- o s weaknesses in internal controls over most aspects of these operations, including accounts receivable, collections, disburse- ments, imprest funds, and obligations. In addition, we noted ad- ministrative deficiencies in control over several major areas in the accounting and financial management operations. We also noted that FEMA's Office of Inspector General had not undertaken any com- prehensive reviews of FEMA's accounting systems. We are informing you of these weaknesses to help you discharge your responsibilities under 31 U.S.C. 66a, which requires agency heads to provide effec- ttve control over and accountability for all funds for which they are responsible. Our survey was based on audit guidelines designed to identify potential internal control problems, and on interviews and discus- sions with headquarters officials. When responses indicated po- tontial weaknesses, we tested selected transactions to determine it the weaknesses existed, but we did not attempt to establish their extent or the precise corrective actions needed. The weak- nesses are discussed in the enclosure. Because FEMA's accounting system is centralized, our work was generally limited to the fi- nancial and accounting functions located at FEMA's headquarters in Washington, D.C. Our work was performed in accordance with our Standards for Audit of Governmental Organizations, Programs, Activities, and Functions. Since agency officials concurred with our findings and con- clusions and have already begun to take corrective action, we did not obtain formal agency comments on this report. However, because we noted serious internal control weaknesses over most aspects of FEMA's financial and accounting operations, we are recommending that you (1) ensure that adequate followup actions are taken to correct the weaknesses we have identified, (2) develop and issue (905048)

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most