Download or read book Use of M Accounts and Related Merged Surplus Authority in the Department of Defense written by United States. Comptroller General of the United States and published by . This book was released on 1981 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Senate Committee on Governmental Affairs requested information relative to the large merged surplus authority balances reported by the Department of Defense at the end of fiscal year 1979. Five specific questions were addressed. The first question concerned whether Congress could use some of the merged surplus authority to meet the current DOD budget requests. Once an appropriation has expired, it is no longer available for obligation. Any unobligated balance in such an appropriation is then withdrawn and returned to its source. These withdrawn balances constitute the merged surplus as opposed to the merged obligated balances known as M accounts. To make expired unobligated balances available again is generally prohibited unless released by an act of Congress. The second question concerned what would constitute a reasonable amount that should remain in a merged surplus account and for what length of time it should remain in that account. A feasible method of reducing the merged surplus authority balance is to eliminate any amount which has been in the merged surplus authority balance 3 years or more. This approach would leave a sufficient amount to cover restorations that may be needed by an agency. The third question concerned significant violations of the merged surplus authority balances within DOD. The reviews initiated by GAO disclosed no evidence of significant misuses of the M account or merged surplus authority balance. The fourth question concerned the proposals made by GAO for limiting and controlling use of merged surplus authority balances. This is a long term objective which agencies must individually consider. The last question was whether the Treasury was required to keep records on these accounts. The agencies alone are reponsible for such records.
Download or read book Financial Management written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to congressional requests, GAO reviewed federal agencies' implementation of Public Law 101-510, focusing on: (1) accountability for expired appropriation accounts; and (2) elimination of M accounts and merged surplus authority. GAO found that: (1) the Department of Defense (DOD) accounted for 47 percent of federal agency merged surplus authority restorations; (2) some DOD actions were unsupported, incomplete, or inappropriate; (3) DOD actions were inconsistent with the purpose and objective of the public law; (4) in 1992, Congress limited DOD reobligation of M account balances and required it to report monthly on reobligations and cancellations of M account funds until it completes its required audit of M account balances; (5) DOD has used current year appropriations to fund contract changes that should have been funded with expired appropriations but, in 1992, Congress authorized DOD to use current year funds for such charges; and (6) the Office of Management and Budget (OMB) and the Department of the Treasury issued guidelines to cancel obligated M account balances, but they did not require agencies to disclose in their financial reports the total amounts of obligations related to canceled budget authority.
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Abuses in the M Account System and Proposals for Reform written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1993 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Canceled DOD appropriations 615 million of illegal or otherwise improper adjustments written by and published by DIANE Publishing. This book was released on with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GAO Documents written by United States. General Accounting Office and published by . This book was released on 1981 with total page 1138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.
Download or read book Financial Management Agencies Actions to Eliminate M Accounts and Merged Surplus Authority GAO AFMD 93 7 B 245856 U S GAO April 2 1993 written by United States. General Accounting Office and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Government s Use of M and Merged Surplus Accounts written by Milton J. Socolar and published by . This book was released on 1990 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Merged Accounts of the Department of Defense written by and published by . This book was released on 1991 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is our final report on the Audit of Merged ("M") Accounts of the Department of Defense, provided for your information and use. Responses to reports prepared by the Assistant Inspector General for Auditing, DoD, and the Service audit agencies, and to the draft of this report, were considered in preparing this report. The Office of the Assistant Inspector General for Auditing, DoD; the Army Audit Agency; the Naval Audit Service; and the Air Force Audit Agency performed the audit between January and July 1991 as required by Public Law 101-510, the National Defense Authorization Act for FY 1991. The primary audit objective was to determine the validity of unliquidated obligations in DoD's "M" accounts as of November 4, 1990. We also reviewed the DoD Components' requests for restorations to the "M" accounts, provided for by the Act.
Download or read book Accounting Manual written by United States. Department of Defense and published by . This book was released on 1983 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings on National Defense Authorization Act for fiscal year 1990 H R 2461 and oversight of previously authorized programs before the Committee on Armed Services House of Representatives One Hundred First Congress first session written by United States. Congress. House. Committee on Armed Services. Readiness Subcommittee and published by . This book was released on 1989 with total page 1698 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Status of Open Recommendations written by United States. General Accounting Office and published by . This book was released on 1992 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agency Surplus and M Accounts written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 1990 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Abuses in the M Account System and Proposals for Reform written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1993 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reports and Testimony written by and published by . This book was released on 1993 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Month in Review written by and published by . This book was released on 1993-04 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
