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093017 1 (1971-04-21)

handle is hein.gao/gaobacwwr0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 .CIVIL DIV5oN APR 2 1 1971 IlIllflili 11ll lllf ilIllIII 111111111!III LM093017 Dear Mr. Armstrong: We have made a review for the settlement of accountable officers' accounts in which special emphasis was placed on the Bureau-wide sys- tem of administrative procedures and internal controls. Our review was conducted primarily at the Bureau of Reclamation, Region 7, Denver, Colorado, and included an examination of financial transactions for fiscal years 1969 and 1970. We reviewed selected accounting and internal controls and made such tests of receipt and disbursement transactions as we deemed appropriate. In addition, we made a limited review of administrative procedures and internal con- trols at the Engineering and Research Center, Denver, Colorado, and at Region 6, Billings, Montana. We reviewed also pertinent reports and related workpapers of the Department's Office of Survey and Review, Audit Operations, Our review was made pursuant to 31 U.S.C. 71 with particular em- phasis on the criteria set forth in the Comp-rc l-crcnora letLeL, B-161457, dated August 1, 1969. In that letter, the Comptroller General pointed out that sec- tion 113 of the Accounting and Auditing Act of 1950 (31 U.S.C. 66a) requires the head of each executive agency to establish and maintain systems of accounting and internal controls, including appropriate internal audit, to provide, among other things, effective control over and accountability for all funds, property, and other assets for which the agency is responsible. He further stated that relative to func- tions of accountable officers, this responsibility includes providing assurance of the legality, propriety, and correctness of disbursement and collections of public funds, and that: In recognition that the basic responsibility for proper accounting and internal control is that of each agency, the GAO audit of accountable offi- cers' functions will place its major emphasis on the adequacy and effectiveness of the accounting and internal controls, including internal audit, of the departments and agencies in assuring that the accountable officers' functions are discharged correctly and in accordance with the requirements of all applicable laws and regulations. 50TH ANNIVERSARY 1921-1971

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