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, GAO has identified a number of weaknesses in IRS¿s financial management operations. This report: (1) provides an overview of the financial management challenges still facing IRS; (2) provides the status of financial audit and financial management¿related recommendations and the actions needed to address them; and (3) highlights the relationship between GAO¿s recommendations and internal control activities central to IRS¿s mission and goals. Charts and tables. This is a print on demand report.
Report on an audit of the statement of expenditures for the office of special counsel Patrick J. Fitzgerald for the 6 months ended Sept. 30, 2007. This audit was designed to determine whether the statement of expenditures was fairly stated in all material respects. The auditor was not required to express an opinion on the reasonableness or appropriateness of any related expenditures, and is not expressing any opinion thereon. Contents: Background; Opinion on Statement of Expenditures; Opinion on Internal Control; Compliance with Laws and Regulations; Objectives, Scope, and Methodology; Agency Comments; Appendix I: Statement of Expenditures for Special Counsel Fitzgerald.
Under the Medicare program the Dept. of Health & Human Services (HHS) & its contractors paid a reported $330 billion in Medicare benefits in 2005. This testimony addresses Medicare physicians, health professionals, & suppliers for services related to senior health care, who received about 20% of all Medicare payments. The author was asked to determine if Medicare Part B physicians, health professionals, & suppliers have unpaid fed. taxes, & if so, to: (1) determine the magnitude of such debts; (2) identify examples of Medicare physicians & suppliers that have engaged in abusive or potentially criminal activities; & (3) assess HHS efforts to prevent delinquent taxpayers from enrolling in Medicare & levy payments to pay delinquent fed. taxes. Tables.
This report determines: (1) the magnitude of unpaid federal taxes owed by U.S. Dept. of Defense (DoD) contractors; (2) whether indications exist of abuse or criminal activity by DoD contractors related to the federal tax system; (3) whether DoD and the Internal Revenue Service (IRS) have effective processes and controls in place to use the Treasury Offset Program (TOP) in collecting unpaid federal taxes from DoD contractors; and (4) whether DoD contractors with unpaid federal taxes are prohibited by law from receiving contracts from the federal government. Includes testimony by Gregory D. Kutz and Steven J. Sebastians, Dir., Financial Mgmt. and Assurance, and John J. Ryan, Assist. Dir., Office of Special Investigations, GAO. Charts and tables.
The Judicial Survivors¿ Annuities System (JSAS) was created in 1956 to provide financial security for the families of deceased fed. judges. It provides benefits to eligible spouses and dependent children of judges who elect coverage within 6 months of taking office, 6 months after getting married, 6 months after being elevated to a higher court, or during an open season authorized by statute. Active and senior judges currently contribute 2.2% of their salaries to JSAS, and retired judges contribute 3.5% of their retirement salaries to JSAS. This report reviews JSAS costs to determine whether the judges¿ contributions fund at least 50% of the plan¿s costs during the previous 3-year period. Charts and tables.
In Nov. 2009, a report was issued on the results of an audit of the financial statements of the IRS as of, and for the FY ending, Sept. 30, 2009, and 2008, and on the effectiveness of its internal controls as of Sept. 30, 2009. In March 2010, a report was issued on information security issues identified during a FY 2009 audit, along with associated recommendations. This report presents internal control and compliance issues identified during an audit of IRS¿s financial statements as of, and for the fiscal year ending, Sept. 30, 2009, for which there are no recommendations outstanding. The report provides 41 recommendations to address the internal control and compliance issues that have been identified. Charts and tables.
Created in 1923, the American Battle Monuments Commission (ABMC) operates and maintains 24 American military cemeteries on foreign soil; 25 federal memorials, monuments, and markers; and 7 non-federal memorials. For FY 2010, the Commission incurred program costs of $69.6 million to maintain its cemeteries and federal memorials. This is the report of the official audits of the financial statements of the Commission for the fiscal years ended Sept. 30, 2010, and 2009. The audits were done to determine whether, in all material respects: (1) the ABMC's financial statements were presented fairly; and (2) ABMC management maintained effective internal control over financial reporting. Charts and tables. This is a print on demand report.
Federal contractors abuse the tax system with little consequence. Much of the tax abuse involved contractors not remitting to the government payroll taxes that were withheld from salaries. This report reviews the IRS¿s processes and procedures to prevent and collect unpaid payroll taxes. This report determines: (1) the magnitude of unpaid federal payroll tax debt; (2) the factors affecting IRS¿s ability to enforce compliance or pursue collections; and (3) whether some businesses with unpaid payroll taxes are engaged in abusive or potentially criminal activities with regard to the federal tax system. Includes recommendations. Charts and tables.
Federal contractors abuse the tax system with little consequence. Much of the tax abuse involved contractors not remitting to the government payroll taxes that were withheld from salaries. This report reviews the IRS¿s processes and procedures to prevent and collect unpaid payroll taxes and determines: (1) the magnitude of unpaid federal payroll tax debt; (2) the factors affecting IRS¿s ability to enforce compliance or pursue collections; and (3) whether some businesses with unpaid payroll taxes are engaged in abusive or potentially criminal activities with regard to the federal tax system. Charts and tables.
Discusses the control deficiencies that collectively represented the material weakness in the FDIC's internal control over financial reporting related to its loss-share estimation process. It also discusses other internal control issues identified during a 2009 audit. Although not all of these issues were discussed in the 2009 report on the results of their 2009 financial statement audit, they all warrant FDIC management's attention and correction. This report also provides 14 recommendations to address the internal control issues identified during the 2009 audit. The report also provides the status of recommendations from prior audits made to address previously identified internal control issues. Illus. This is a print on demand edition of an important, hard-to-find report.
This up-to-date faculty directory lists the contact information of all the faculty members, placement administrators, and student organizations of almost 500 worldwide universities and technical institutes offering chemical engineering curricula. This offers a comprehensive reference tool that is unique and valuable, in that there is no such directory available on chemical engineering. The indices make it easy to find the current affiliation of any chemical, biological and environmental engineering faculty by listing in alphabetical order.
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