Financial Integrity Act: Continuing Efforts Needed to Improve Internal Control and Accounting Systems

摘要

The Federal Managers' Financial Integrity Act of 1982 (31 U.S.C. 3512(b) and (c)) requires federal department and agency managers to evaluate whether internal control and accounting systems have weaknesses that can lead to fraud, waste, and abuse in government operations. The act requires federal managers to report annually to the President and the Congress on their systems and plans to correct identified weaknesses. The report, GAO's third government-wide report on the Federal Managers' Financial Integrity Act, provides an overall perspective on the progress agencies have made since the act's passage, the internal control and accounting systems problems remaining, and some efforts underway to correct these problems.