IRS Financial Management: Has There Been Any Improvement? : Hearing Before the Subcommittee on Government Management, Information, and Technology of the Committee on Government Reform and Oversight, House of Representatives, One Hundred Fourth Congress, Second Session, September 19, 1996United States, United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Government Management, Information, and Technology U.S. Government Printing Office, 1997 - 77 pages Distributed to some depository libraries in microfiche. |
À l'intérieur du livre
Résultats 6-10 sur 22
Page 44
... continuously throughout the Department , with the Inspector General , and with
GAO that we need to work together to help IRS achieve a clean audit opinion .
This past June , I believe the Department has made some significant progress .
... continuously throughout the Department , with the Inspector General , and with
GAO that we need to work together to help IRS achieve a clean audit opinion .
This past June , I believe the Department has made some significant progress .
Page 46
IRS ' CFO , Anthony Musick , will specifically cover most of these areas as they
pertain to IRS , so I will use my time to address two of the issues I believe you are
interested in from a Departmental perspective . Impact of IRS ' problems on the ...
IRS ' CFO , Anthony Musick , will specifically cover most of these areas as they
pertain to IRS , so I will use my time to address two of the issues I believe you are
interested in from a Departmental perspective . Impact of IRS ' problems on the ...
Page 47
While many of the Board ' s requirements are not effective until 1997 and beyond
, we believe we are currently complying with those standards currently in effect .
However , there are notable exceptions that preclude us from being fully ...
While many of the Board ' s requirements are not effective until 1997 and beyond
, we believe we are currently complying with those standards currently in effect .
However , there are notable exceptions that preclude us from being fully ...
Page 49
... or spending has simply disappeared or somehow been misappropriated . This
has not occurred . Nor do I believe that we are letting audit or financial problems
go uncorrected . To better understand what we are doing to comply with the CFO
...
... or spending has simply disappeared or somehow been misappropriated . This
has not occurred . Nor do I believe that we are letting audit or financial problems
go uncorrected . To better understand what we are doing to comply with the CFO
...
Page 50
Since the first audit in 1992 , I believe we ' ve made significant improvements ,
resulting in GAO ' s FY 1994 and 1995 audit reports focusing on two
administrative accounting issues : failure to reconcile our cash accounts with
Treasury and the ...
Since the first audit in 1992 , I believe we ' ve made significant improvements ,
resulting in GAO ' s FY 1994 and 1995 audit reports focusing on two
administrative accounting issues : failure to reconcile our cash accounts with
Treasury and the ...
Avis des internautes - Rédiger un commentaire
Aucun commentaire n'a été trouvé aux emplacements habituels.
Autres éditions - Tout afficher
Expressions et termes fréquents
ability acceptance accounting system accounts receivable actions addition administrative agencies amounts appropriations asked assessments auditors balances basis believe billion bureaus cash CFO Act Chairman Chief Financial Officer clean closely collected complete continue controls corporate correct Department deposit designed detailed determine develop differences documentation DODARO effective effort ensure example Federal financial audit financial management financial management systems financial statements fiscal fiscal year 1995 funds give going Government hearing HORN identify implemented important improve issues ledger look master file mean meet ment MUSICK operations opinion payments prepare problems procedures progress question recommendations reconciled records reliability reported requirements resolve responsibility revenue accounting Service significant Social Security standards Subcommittee sure talk taxpayers thank things track transactions Treasury trying verified
Fréquemment cités
Page 26 - This is critical to (1) aid in identifying better interim solutions for reporting revenues and refunds and (2) provide better insights on the longer term system fixes needed to enable IRS to readily and reliably provide the underlying support for its reported revenue and refund amounts.
Page 1 - ... $122 billion for fiscal year 1995) cannot be verified or reconciled to accounting records maintained for individual taxpayers in the aggregate.
Page 61 - The amounts of total revenue and tax refunds cannot be verified or reconciled to accounting records maintained for individual taxpayers.
Page 1 - IRS's financial statements for any of the four fiscal years from 1992 through 1995. The...
Page 52 - We are also working on short-term solutions and long-term redesigns that will modernize our revenue accounting system and ensure that it provides information that is needed for the financial statement audit.
Page 23 - Issues With Revenue IRS' financial statement amounts for revenue, in total and by type of tax, were not derived from its revenue general ledger accounting system (RACS) or its master files of detailed individual taxpayer records. This is because RACS did not contain detailed information by type of tax, such as individual income tax or corporate tax, and the master file cannot summarize the taxpayer information needed to support the amounts identified in RACS. As a result, IRS relied on alternative...
Page 24 - IRS' master files; and $148 billion in corporate income taxes— this amount was $6.6 billion more than what was recorded in IRS' master files. Thus, IRS did not know and we could not determine if the reported amounts were correct. These discrepancies also further reduce our confidence in the accuracy of the amount of total revenues collected.
Page 18 - ... successfully implemented a financial management system for its appropriated funds to account for its day-to-day operations, which should help IRS to correct some of its past transaction processing problems that diminished the accuracy and reliability of its cost information; and successfully transferred its payroll processing to the Department of Agriculture's National Finance Center and, as a result, properly accounted for and reported its $5.1 billion of payroll expenses for fiscal year 1994.
Page 55 - ... has two separate financial processes to track funds: the administrative system that handles our appropriated funds and our revenue system that tracks tax collections.
Page 24 - ... the discrepancy remains uncertain. In addition to the difference in total revenues collected, we also found large discrepancies between information in IRS' master files and the Treasury data used for the various types of taxes reported in IRS
Informations bibliographiques
| Titre | IRS Financial Management: Has There Been Any Improvement? : Hearing Before the Subcommittee on Government Management, Information, and Technology of the Committee on Government Reform and Oversight, House of Representatives, One Hundred Fourth Congress, Second Session, September 19, 1996 |
| Auteurs | United States, United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Government Management, Information, and Technology |
| Collaborateur | U. S. Congress, House Committee on Government Reform and Oversight, Subcommittee on Government Management, Information, and Technology Staff |
| Éditeur | U.S. Government Printing Office, 1997 |
| ISBN | 0160558603, 9780160558603 |
| Longueur | 77 pages |
| Exporter la citation | BiBTeX EndNote RefMan |