Download or read book An Audit Report on Procurement Card Processes and Controls written by Texas. Office of the State Auditor and published by . This book was released on 2002 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Procurement Card Program a Review of Internal Controls written by Portland (Or.). Office of the City Auditor. Audit Services Division and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The objective of the audit was to determine whether (1) the internal controls of the City's procurement card system are reasonable and adequate to prevent misuse or abuse of the credit cards, and (2) procurement card transactions are in compliance with current applicable City policies and procedures"--Pg.5.
Download or read book Examination of the Commonwealth s Procurement Card Program Processes Procedures and Financial Controls written by Kentucky. Auditor of Public Accounts and published by . This book was released on 2004 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Guide written by Stephen William Lipscomb and published by DIANE Publishing. This book was released on 2004-04 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fed. gov't. expended $15 billion through Fed. purchase card programs (PCP) in FY 2002. Fed. agencies are responsible for establishing and maintaining internal control to provide reasonable assurance that: the goals and objectives of the PCP are met; and safeguards against fraudulent, improper, and abusive purchases are adequate. This guide focuses on audits of internal control activities -- designed to prevent or detect fraudulent, improper, and abusive purchases -- in gov't. PCPs. Provides practical guidance for consideration by internal and external auditors, investigators, and program management oversight personnel in assessing the adequacy and performance of those control activities and identifying areas of internal control for potential improvement.
Download or read book An Audit Report on Controls Over the Use and Administration of Procurement Cards at Selected Institutions of Higher Education written by Texas. Office of the State Auditor and published by . This book was released on 2005 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Assessment of Management Controls Over Procurement Card Use written by Montana. Legislature. Legislative Audit Division and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department of General Services procurement Card Program Audit written by San Diego County (Calif.). Auditor and Controller. Office of Audits and Advisory Services and published by . This book was released on 2010 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Purchasing Card Program Internal Control and Compliance Audit for the Two Years Ended July 2009 written by and published by . This book was released on 2010 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Evaluation of the Procurement Card Program and Development of a Model Audit Program for Procurement Card Purchases Scholar s Choice Edition written by Bessie Watson and published by Scholar's Choice. This book was released on 2015-02-15 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The Government Procurement Card written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2012-03-20 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report on central government's use of the Government Procurement Card to pay for goods and services finds that when used appropriately it can be cost-effective. However, while controls in five departments examined by the NAO were operating as intended, there is no up to date value-for-money case quantifying the benefits of the cards. Central government spent £322 million using Government Procurement Cards in 2010-11, and £149 million in the first half of 2011-12. There were 1.75 million transactions in 2010-11, and 818,781 transactions in the first half of 2011-12. The majority of transactions were low-value purchases, with an average value of £184 in 2010-11. Use of the cards varies between departments, both in the amount spent and in the type of goods and services purchased. Some departments have inadequate management information and cannot monitor the use of the Government Procurement Card effectively. Central data is incomplete and inconsistent and does not provide an accurate picture of spending across government. There has been a lack of central government oversight of card use which has increased risks to value for money, but the new central policy, which defines minimum standards across government, is an important move towards strengthening controls and ensuring greater consistency. While departments acknowledge the risks and potential advantages of the card, there is no up-to-date value for money case to substantiate this. Work by the NAO has suggested that the cost of more traditional procurement methods may have fallen; however, using the cards could still provide a potential saving of around 35 per cent, or £5 a transaction.
Download or read book Report to Management on Procurement Card Audit written by Lamar University and published by . This book was released on 1998 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State of Colorado Procurement Card Program written by KPMG International and published by . This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report to Management on Follow up Procurement Card Audit Lamar University written by Lamar University and published by . This book was released on 2001 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Control Review written by New Hampshire. Office of the Legislative Budget Assistant and published by . This book was released on 2017 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The objective of this audit was to evaluate whether the Department of Administrative Services (Department or DAS) as the administrative agency, and State agencies, as user agencies, have designed, communicated, implemented, and operated suitable internal controls over the establishment and operation of a state-wide procurement card (P-Card) program intended to 'streamline small purchase methods, minimize paperwork, eliminate the use of field purchase orders, and simplify the administrative effort associated with traditional and emergent purchase of supplies and commodities'"--Page 1.
Download or read book Performance Audit written by Texas. Department of Mental Health and Mental Retardation. Office of Internal Audit and published by . This book was released on 2003 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Guide written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auditing and Investigating the Internal Control of Government Purchase Card Programs, November 2003. The federal government of the United States--the largest and most complex organization in the world--expended approximately $15 billion through federal organizations' purchase card programs in fiscal year 2002. As the steward of taxpayer dollars, federal agencies are accountable for how purchase cards are used and how the funds are spent. To that end, federal agencies are responsible for establishing and maintaining internal control to provide reasonable assurance that (1) the goals and objectives of the purchase card program are met and (2) safeguards against fraudulent, improper, and abusive purchases are adequate. Recent congressional testimony and Inspector General and GAO reports show that some federal agencies do not have adequate internal control over their purchase card programs. Without effective internal control, management has little assurance that fraudulent, improper, and abusive purchases are being prevented or, if occurring, are being promptly detected with appropriate corrective actions taken. A key element of internal control is monitoring that assesses the quality of performance over time and ensures that the findings of audits and other reviews are promptly resolved. Monitoring provides for regular management and supervisory activities, as well as evaluations by inspector generals or external auditors.
Download or read book The Government Procurement Card written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2012-06 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government Procurement Card (GPC) is a payment card which individuals can use to purchase goods and services; the supplier is paid immediately and the balance is paid in full each month by departments. However, inappropriate or fraudulent use of the card brings significant risks. The strength of the controls in place varies significantly between departments. This is particularly evident in the Ministry of Defence, which accounts for around three-quarters of total GPC expenditure, but which limits checks to only a sample of its transactions. The Cabinet Office has overall responsibility and recently created a GPC Steering Group. The Steering Group introduced a central GPC policy in November 2011, setting out a minimum standard across government. The central policy should consider going further, for example by specifying: 100% transaction checking, blocking categories of expenditure by default, banning use of the card for certain items (such as alcohol) and ensuring that all cardholders are permanent staff members. However, the initial challenge will be for the GPC Steering Group to ensure that the policy as it stands is being implemented, and to hold departments to account where there are found to be gaps in the design and implementation of controls. As procurement processes have advanced substantially, the estimated difference in cost of using a card over other methods has reduced. The Cabinet Office has now committed to refreshing the business case, which should help departments to make the right decisions about when using the cards is the most cost-effective way of buying goods and services
