IRS Financial Audits: Status of Efforts to Resolve Financial Management Weaknesses

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

1315 new people
107 new organizations
1149 new photos
1999 job history records for people in our database
713 education records for people in our database
3184 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
1 new person through the revolving door
132 new policy reports
15 new trips to our privately funded travel database
356 new personal financial disclosures
9208 new press releases
5 new town halls
37 new hearings

Caught Our Eye Rss

Longtime House staffer heads to trade org

by Heavyn Lester on 11/13/2024
Members of Congress more likely to be veterans

by Heavyn Lester on 11/12/2024
Native American underrepresentation in Congress will continue in 2025

by Heavyn Lester on 11/04/2024
Civil rights leads the fastest growing issues in 2024

by Caleb Mynatt on 10/28/2024
Oil trade group picks up Senate staffer

by Heavyn Lester on 10/23/2024

» More from Caught Our Eye

Follow @LegiStorm

LegiStorm adds House Q2 salaries and expenses

2024-09-05
Latest Senate salary and expense records published

2024-06-10
LegiStorm adds House Q1 salaries and expenses

2024-06-05
LegiStorm adds Q4 salary analytics and turnover data

2024-03-14

» More from our DevBlog

Healthcare: Monthly people moves

by Axios on 11/01/2024
An exodus of top staffers from Yadira Caraveo’s congressional office

by The Colorado Sun on 10/15/2024
Yadira Caraveo has among the highest staff turnover rates in Congress

by The Colorado Sun on 10/15/2024
'I'm advocating Christian nationalism': Josh Hawley's ties to Project 2025 exposed

by Raw Story on 10/15/2024

Premium Download PDF Now (20 pages)

Report Type	Reports and Testimonies
Report Date	Sept. 19, 1996
Report No.	T-AIMD-96-170
Subject	Accounts receivable Administrative costs Federal agency accounting systems Financial management systems Financial records Financial statement audits Government collections Systems design Tax administration Tax administration systems IRS Tax System Modernization Program TSM

Summary:

This testimony discusses the Internal Revenue Service's (IRS) efforts to prepare reliable financial statements, as required by the expanded Chief Financial Officers Act of 1990, and to make fundamental management improvements. GAO focuses on (1) IRS efforts to implement GAO's recommendations and develop a detailed plan with explicit, measurable goals, and set a timetable for actions to correct its financial management weaknesses; (2) IRS' progress in addressing the major problems that have prevented GAO from expressing an opinion on the agency's financial statements; (3) the impact that IRS' problems in developing Tax Systems Modernization have on improving financial information; and (4) the significant adverse effect that delays in resolving financial management weaknesses could have on preparing and auditing Treasury's agencywide financial statements and the financial statements for the entire government.

« Return to search Government Accountability Office reports

Weekly Updates

Caught Our Eye Rss

Social Media

DevBlog Rss

In the News

IRS Financial Audits: Status of Efforts to Resolve Financial Management Weaknesses