Indian Trust Funds: Improvements Made in Acquisition of New Asset and AccountingSystem But Significant Risks Remain

摘要

This report responds to your request that we evaluate the Department of theInterior's effort to acquire and develop its new Trust Asset and Accounting Management System (TAAMS). TAAMS is part of a broader Interior effort to address problems that have beset Indian trust management for many decades, including inadequate accounting and management information systems; backlogs in asset appraisals, ownership determination, and recordkeeping; and poor internal controls. TAAMS itself is being developed to address deficiencies in the recording, collecting, and accounting for revenues related to the department's management of about 54 million acres of Indian trust land.