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Executive Order 11222 prescribes standards of ethical conduct for Government officials and directs the Civil Service Commission to establish guidelines for agency financial disclosure systems.
Several Members of Congress requested that we review the effectiveness of Federal agencies' financial disclosure systems. This report discusses the financial disclosure system of the Energy Research and Development Administration.
We made our review pursuant to the Budget and Accounting Act,.1921 (31 U.S.C. 53), and the Accounting and Auditing Act of 1950 (31 U.S.C. 67).
we did not obtain formal comments from the Energy Research and Development Administration. However, we did discuss the report informally with officials in the Administration's Office of General Counsel, which is responsible for the financial disclosure system. Their comments were considered and included in the report where appropriate.
We are sending copies of this report to the Director, Office of Management and Budget; the Administrator, Energy Research and Development Administration; and other interested parties.
Sune A. Strate
AN IMPROVED FINANCIAL
DI G E S T
THE SYSTEM WORKS
Energy Research and Development Administration
The agency's financial disclosure system is
SOME PROBLEMS HAVE BEEN NOTED
In many cases, however, employees were not
Many agency employees have financial inter-
Iear Sheet. Upon removal, the report cover date should be noted hereon.