Internal Revenue Service status of recommendations from financial audits and related financial management reports [2003]. PDF Download

Author:
Publisher: DIANE Publishing
ISBN: 1428941983
Category :
Languages : en
Pages : 52

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Book Description

Author: Steven J. Sebastian
Publisher: DIANE Publishing
ISBN: 1437918522
Category : Business & Economics
Languages : en
Pages : 98

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Book Description
In its role as the nation's tax collector, the IRS has a demanding responsibility to annually collect trillions of dollars in taxes, process hundreds of millions of tax and information returns, and enforce the nation's tax laws. Since its first audit of IRS's financial statements in FY 1992, the auditor has identified a number of weaknesses in IRS's financial management operations. In related reports, he has recommended corrective actions to address those weaknesses. The purpose of this report is to: (1) provide the status of audit recommendations and actions needed to fully address them; and (2) demonstrate how the recommendations relate to control activities central to IRS's mission and goals. Charts and tables.

Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Tax administration and procedure
Languages : en
Pages : 60

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 42

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This report provides a status of the Internal Revenue Service's (IRS) efforts to implement recommendations made based on audits of IRS's financial statements. In updating the status of these recommendations, we have included the results of our audit of IRS's financial statements for fiscal years 2001 and 2000. This report is being provided to you to (1) assist IRS management in tracking the unresolved issues identified in prior GAO financial audits, and (2) report on the current status of open audit recommendations detailed in previous GAO financial audit and financial management related reports.

Author: Steven J. Sebastian
Publisher: DIANE Publishing
ISBN: 143790761X
Category :
Languages : en
Pages : 95

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Book Description
Since its first audit of IRS¿s financial statements in FY 1992, GAO has identified a number of weaknesses in IRS¿s financial mgmt. operations. In related reports, GAO has recommended corrective action to address those weaknesses. Each year, as part of the annual audit of IRS¿s financial statements, GAO not only makes recommendations to address any new weaknesses identified but also follows up on the status of weaknesses GAO identified in previous years¿ audits. This report will: (1) assist IRS mgmt. in tracking the status of audit recommendations and actions needed to fully address them; and (2) demonstrate how the recommendations relate to control activities central to IRS¿s mission and goals. Includes recommendations. Illustrations.

Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985052178
Category :
Languages : en
Pages : 52

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Book Description
Internal Revenue Service: Status of Recommendations From Financial Audits and Related Financial Management Reports

Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781978455900
Category :
Languages : en
Pages : 64

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Book Description
Internal Revenue Service: Status of Recommendation from Financial Audits and Related Financial Management Reports

Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Tax administration and procedure
Languages : en
Pages :

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Book Description

Author:
Publisher: DIANE Publishing
ISBN: 1428948228
Category :
Languages : en
Pages : 104

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Book Description
This report is a follow-on to our report on the results of our audit of the Internal Revenue Service's (IRS) fiscal year 2000 financial statements. In fiscal year 2000, IRS was able to produce for the first time combined financial statements that were fairly stated in all material respects. This achievement was the result of the dedication and months of efforts of IRS management and staff working around serious systems deficiencies and internal control weaknesses, many of which have plagued IRS since we first began auditing its financial statements in 1992. Although this effort produced reliable financial statement balances, they were reliable only for a single point in time and fell short of addressing the fundamental weaknesses in IRS systems and internal controls. As a result, we gave an unqualified opinion on IRS fiscal year 2000 financial statements but also concluded that IRS did not maintain effective internal controls. We also found two instances of noncompliance with laws and regulations relating to IRS structuring of installment agreements and the timing of the release of tax liens.

Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289045456
Category :
Languages : en
Pages : 32

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Book Description
In November 2003, we issued our report on the results of our audit of the Internal Revenue Service's (IRS) financial statements as of and for the fiscal years ending September 30, 2003 and 2002, and on the effectiveness of its internal controls as of September 30, 2003. We also reported our conclusions on IRS's compliance with significant provisions of selected laws and regulations and on whether IRS's financial management systems substantially comply with requirements of the Federal Financial Management Improvement Act of 1996. A separate report on the implementation status of recommendations from our prior IRS financial audits and related financial management reports including this one will be issued shortly. The purpose of this report is to discuss issues identified during our fiscal year 2003 audit regarding internal controls and accounting procedures that could be improved for which we do not presently have any recommendations outstanding. Although not all of these issues were discussed in our fiscal year 2003 audit report, they all warrant management's consideration.