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Financial Management: American Battle Monuments Commission

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Report Type Reports and Testimonies
Report Date Dec. 28, 1995
Report No. AIMD-96-24
Subject
Summary:

The American Battle Monuments Commission is authorized to build a memorial on federal land in Washington, D.C. to honor those who served in World War II. This report presents the results of GAO's audit of the Commission's memorial fund, which consists of surcharge proceeds from the sale of World War II commemorative coins, investment interest, and private contributions. GAO found that the Commission had yet to establish a separate account in the U.S. Treasury for the memorial fund, as required by law. A separate account would strengthen the fund's accountability by reducing the risk from commingling memorial fund revenue with other Commission money. GAO also found that the computer controls needed strengthening to ensure that access to computer programs and sensitive data is restricted to prevent unauthorized changes and disclosures.

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