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

AIMD-94-138R 1 (1994-06-10)

handle is hein.gao/gaobackou0001 and id is 1 raw text is: GAO United States General Accounting Office Washington, D.C. 20548 Accounting and Information Management Division B-256953 June 10, 1994 The Honorable Bonnie Cohen Assistant Secretary for Policy, Management, and Budget and Chief Financial Officer U.S. Department of the Interior Dear Ms. Cohen: This letter responds to questions your office raised on two of the recommendations in our April 12, 1994, testimony before the House Appropriations Committee, Subcommittee on Interior and Related Agencies (GAO/T-AIMD-94-99), on the Bureau of Indian Affairs' (BIA) efforts to reconcile Indian trust fund accounts and implement management improvements. The two recommendations are directed toward (1) using the ongoing reconciliation to better ensure that earned revenues were billed and collected and (2) using information from the reconciliation process to develop an accounts receivable system. Regarding the first recommendation, your office expressed concern that our recommendation for an additional reconciliation procedure might be interpreted by some as calling for a halt or delay of the current reconciliation process. This is not our intent. To verify the accuracy of recorded receipts, BIA's reconciliation contractor had been matching receipt documents to leases. While this approach would help to determine whether revenues were posted to the correct account, it would not identify lease revenues that should have been collected, but were not. Tracing revenues from leases to receipt tickets, which the contractor had planned to do for only a small portion of the revenues, would provide greater assurance that revenues earned but not collected are identified. Your office also asked us whether such additional steps would be practical in light of the fact that BIA is having difficulty locating all lease documents. We have long recognized limitations to the reconciliation effort caused by GAO/AIMD-94-138R BIA Reconciliation Recommendations

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