Annual Report of the General Accounting OfficeThe Office, 1968 - Finance, Public |
Contents
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Common terms and phrases
A. S. Mike Monroney accepted accounting principles Accounting Office accounting principles accounting system accounts of accountable action Addressee and date Administration agency officials Air Force Base aircraft application appropriate approved areas Army automatic data processing basis Budget Bureau Calif Center Civil Service claims Commission Comptroller construction contractor contracts Corps costs Department of Defense departments and agencies Digests E. S. Johnny Walker Economic Opportunity effective employees equipment established evaluation excess facilities Federal agencies Federal Aviation Administration financial statements fiscal year 1968 Foreign funds Government Operations included internal audit Job Corps June 30 legislation loan ment military million need for improvement payments personnel plans policies principles and standards procedures procurement projects proposed recommended reduce reports request of chairman request of Congressman requirements responsible result revised Secretary selected Senate staff members Subcommittee submitted supply tion transportation United Vietnam
Popular passages
Page 257 - Sec. 304. (a) Each recipient of assistance under this Act shall keep such records as the Secretary [of Health, Education, and Welfare] shall prescribe, including records which fully disclose the amount and disposition by such recipient of the proceeds of such assistance, the total cost of the project or undertaking in connection with which such assistance...
Page 258 - We recommend that the bill be revised to include language similar to the following : "(a) Each recipient of assistance under this Act pursuant to grants or contracts entered into under other than competitive bidding procedures shall keep such records as the Secretary shall prescribe, including records which fully disclose the amount and disposition by such recipient of the proceeds of such assistance, the total cost of the project or undertaking in connection with which such assistance is given or...
Page 262 - Chairman shall have the power to — (1) appoint and fix the compensation of an executive director, and such additional staff personnel as he deems necessary, without regard to the provisions of title 5, United States Code, governing appointments in the competitive service...
Page 260 - ... (b) The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examination to any books, documents, papers, and records of the recipient that are pertinent to assistance received under this Act.
Page 259 - The representatives of the General Accounting 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 Bank and necessary to facilitate the audit...
Page 34 - Congress at the beginning of each regular session, a report in writing of the work of the General Accounting Office, containing recommendations concerning the legislation he may deem necessary to facilitate the prompt and accurate rendition and settlement of accounts and concerning such other matters relating to the receipt, disbursement, and application of public funds as he may think advisable. In such regular report, or in special reports at any time when Congress is in session, he shall make...
Page 262 - Schedule under section 5332 of such title, and (2) procure temporary and intermittent services to the same extent as is authorized by section 3109 of title 5, United States Code, but at rates not to exceed $50 a day for individuals.
Page 259 - 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 240 - The report shall also show specifically any program, expenditure, or other financial transaction or undertaking observed in the course of the audit which, in the opinion of the Comptroller General, has been carried on or made without authority of law.
Page 258 - ... (b) The Administrator and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examinations to any books, documents, papers, and records of the recipients that are pertinent to the grants received under this Act.