Budgeting and Accounting Procedures Act of 1950: Hearing, 81st Congre 2nd Session, July 11, 1950
U.S. Government Printing Office, 1950 - Budget - 60 pages
Other editions - View all
Accounting Act accounting and auditing Accounting Office accounting systems Act of June Act of March activities Administration agencies amended appropriations approval audit authority basis better bill Budget and Accounting Bureau central CHAIRMAN committee complete Comptroller Congress cooperative correct cost determine Director effective eliminate enacted establishment estimates example executive agencies executive branch existing expenditures Federal fiscal full paragraph functions funds give going Government HARDY HARVEY heading HOFFMAN House improved interest joint KARSTEN keep LAWTON legislation limitations matter ment methods necessary needed objectives operations performance budget practical prepared prescribed present President principles procedures proper proposed provisions questions reads reporting requirements responsibility Revised Secretary Senate simplified specific Stat statement Statutes at Large things tion title 31 transfer Treasury Department understand United volume WARREN WEITZEL
Page 17 - Program was initiated in 1948 by the Secretary of the Treasury, the Director of the Bureau of the Budget and the Comptroller General of the United States, and was given statutory authorization in the Budget and Accounting Procedures Act of 1950.
Page 4 - Stat. 23) ; (5) suitable integration of the accounting of the agency with the accountIng of the Treasury Department in connection with the central accounting and reporting responsibilities imposed on the Secretary of the Treasury by section 114 of this part. (b) The accounting systems of executive agencies shall conform to the principles, -standards, and related requirements prescribed by the Comptroller General pursuant to section 112(a) of this part (31 USC 66a).
Page 5 - Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may 'be prescribed by the Comptroller General of the United States.
Page 2 - ... the Treasury at the end of the fiscal year in progress, and (3) the estimated condition of the Treasury at the end of the ensuing fiscal year, if the financial proposals contained in the budget are adopted...
Page 7 - Offices" of the Act of March 4, 1911 (36 Stat. 1292; USC, title 31, sec. 583 (4)), as reads: ", and the Secretary of the Treasury shall, for the fiscal year nineteen hundred and thirteen, and annually thereafter, submit to Congress, in the regular book of estimates, detailed estimates for the expenses of this Service".
Page 54 - As used hereafter in this section the term "appropriation" means appropriations, funds, and authorizations to create obligations by contract in advance of appropriations.
Page 6 - Office shall have access to all books, accounts, financial records, reports, files, and all other papers, things, or property belonging to or in use by the...
Page 6 - executive agency" means any executive department or independent establishment in the executive branch of the Government, including any wholly owned Government corporation. (b) The term "Federal agency...