Federal Reserve Banks: Areas for Improvement in Computer Controls

摘要

In connection with fulfilling its requirement to audit the U.S. government's fiscal year 2000 financial statements, GAO reviewed the general and application computer controls over key financial systems maintained and operated by the Federal Reserve Banks (FRB) on behalf of the Department of the Treasury's Financial Management Service (FMS) and the Bureau of the Public Debt (BPD). On August 30, 2001, GAO issued a Limited Official Use letter detailing the results of the review. This excerpted version of the letter for public release summarizes the vulnerabilities identified and the recommendations made. This letter presents the results of the fiscal year 2000 tests of the effectiveness of general and application controls that support key FMS and BPD automated financial systems maintained and operated by the FRBs and the follow-up on the status of the FRBs' corrective actions to address vulnerabilities identified in the audit for fiscal year 1999.