Inadequate Internal Controls Affect Quality and Reliability of the Civil Service Retirement System's Annual Report.

摘要

This report discusses the need for the Office of Personnel Management to improve the quality and reliability of the financial and actuarial information presented in the Civil Service Retirement System's annual report as required by Public Law 95-595. This review determines whether (1) the Office's internal control procedures were effective in assuring that the information presented in the annual report was reliable and that errors and omissions in the accounting data would be detected and (2) the report compiled with prescribed reporting guidelines.