Tham khảo tài liệu 'fund estimated activity (in billions b dollars)_part1', tài chính - ngân hàng, kế toán - kiểm toán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | I 8 General Accounting Office Report Blank page This is trial version General Accounting Office Report 19 Comptroller General of the United States Washington . 20548 B-282041 The President The President of the Senate The Speaker of the House of Representatives The Secretary of the Treasury in coordination with the Director of the Office of Management and Budget OMB is required to annually submit financial statements for thè . Government to the President and the GAO is required to audit these statements. This is our report on our audit of the financial statements of the . government for fiscal year In summary significant financial systems weaknesses problems with fundamental recordkeeping and financial reporting incomplete documentation and weak internal controls including computer controls continue to prevent the government from accurately reporting a significant portion of its assets liabilities and costs. These deficiencies affect the reliability of the accompanying financial statements and much of the related information in the 1998 Financial Report of the United States Government as well as the underlying financial information. They also affect the government s ability to accurately measure the full cost and financial performance of programs and manage its operations. Major problems included the federal government s inability to . . properly account for and report 1 billions of dollars of property equipment materials and supplies and 2 certain stewardship assets . 1 The Government Management Reform Act of 1994 requires such reporting beginning with financial statements prepared for fiscal year 1997. 2 Our report on the fiscal year 1997 financial statements is entitled Financial Audit 1997 Consolidated Financial Statements of the United States Government GAO AIMD-98-Í27 March 31 1998 . . . . This is trial version 20 General Accounting Office Report B-282041 properly estimate the cost of most major .
