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092664 1 (1969-08-05)

handle is hein.gao/gaobacwnd0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 INTERNATIONAL DIVISION AUG 51969 Mr. Charles F. Flinner Control ler LM092664 Agency for International Development Department of State Dear Mr. Flinner: As part of our review of AID's accounting system, staff members of our Far East Branch visited the AID Missions in Thailand, Korea, and the Philippines in the fall of 1968 to survey Mission accounting procedures and practices. The results of this survey are summarized in the attachment. The field work carried out at the three Missions, while limited in scope, involved some testing of the accounting system as it was functioning, and thereby disclosed some of the practical problems encountered in implementing the existing accounting system. Several of the problem areas noted appear to have basic accounting systems implications and are presently being evaluated by our staff in their consideration of the several segments of AID's accounting system now under review. For ease of presentation, the major accounting systems points disclosed in the survey have been synthesized into three broad areas-accrual.accounting, delays in transmitting financial data by AID/Washington to Missions, and control over AID-financed commodities. We would appreciate having your views on our findings in these areas and of any steps taken or planned by AID to overcome the problems noted. The remaining points disclosed in the survey, generally involving singular instances of noncompliance with existing directives, are listed on page 4 of the attachment. Mission officials agreed, for the most part, with our observations and promised corrective action. Sincerely yours, Frank M. Zappacosta Assistant Director Attachment

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