Status, progress, and problems in Federal agency accounting during fiscal year 1977
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Status, progress, and problems in Federal agency accounting during fiscal year 1977 report to the Congress by United States. General Accounting Office

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Published by General Accounting Office in Washington .
Written in English

Subjects:

  • Finance, Public -- United States -- Accounting.,
  • Executive departments -- United States -- Accounting.

Book details:

Edition Notes

Statementby the Comptroller General of the United States.
The Physical Object
Pagination4, 86 p. :
Number of Pages86
ID Numbers
Open LibraryOL15224813M

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This third report on the status, progress, and problems in Federal agency accounting covers 2 years, and , and is submitted in response to the recommendation of the House Committee on Government Operations (H. Rept. , 90th Gong a g 2d sess., March 5, ). The first report was is-. Get this from a library! Status, progress, and problems in Federal agency accounting during fiscal year summary: report to the Congress. [United States. General Accounting Office.].   Get this from a library! Status, progress, and problems in federal agency accounting during 15 months ended Septem report to the Congress. [United States. General Accounting Office.]. Get this from a library! Status, progress, and problems in Federal agency accounting during fiscal report to the Congress. [United States. General Accounting Office.].

GENERAL REVIEW OF AGENCY EFFORTS PROBLEMS, AND PROGRESS In the first accounting system was approved under the Budget and Accounting Procedures Act of During the period , 39 systems were approved. During the 5-year period , only three systems were approved. The slow pace of compliance with the provisions of the Bud-.   FGMSD Published: Publicly Released: The Departments of Labor, the Treasury, Commerce, and Transportation have all or most of their accounting systems approved. The Department of Agriculture is pursuing a program of accounting systems development, but its completion is still several years away. Federal Year-End Spending Patterns For Fiscal Years , , and Governmentwide year-end spending declined during fiscal years , , and Compared to GAO’s previous analysis of year-end spending patterns in fiscal years , , and , the current overall spending.   This Financial Report provides the President, Congress, and the American people with a comprehensive view of the federal government's finances. View the Full Report Summary Report Monthly Treasury Statement. The monthly summary of the financial activities of the federal government and off-budget federal entities.

International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company’s financial performance and position so that company financial statements are understandable and comparable across international boundaries.   Because of the significance of Internal Revenue Service (IRS) collections to overall federal receipts and, in turn, to the consolidated financial statements of the U.S. government, which GAO is required to audit, and Congress's interest in financial management at IRS, GAO audits IRS's financial statements annually to determine whether (1) the financial statements are fairly stated, and (2) IRS. Module 1: Overview of the Federal Budget Process. CDC has several types of Appropriations. Three types of appropriations are classified by period of availability: • Annual-year-obligational authority expires at the end of the first year of appropriation and are cancelled at the end of the fifth year after expiration • Multi-year -. The federal government is unique among U.S. institutions—and so, also, are its accounting and reporting concerns. Although obviously distinguishable by its size (expenditures for fiscal year are expected to exceed $ trillion; actual expenditure for were $ trillion), it also is differentiated by.