Financial Audit: IRS's Fiscal Year 2002 and 2001 Financial StatementsGAO, General Accounting Office, 2002 - 136 páginas |
Términos y frases comunes
accepted accounting principles accounts agencies areas assets audit Automated balance Budget budgetary activity Budgetary Resources child tax credit collection Compliance Issues costs Customer Satisfaction customer service Discussion and Analysis EITC electronic Ended September 30 ensure Examination federal receipts federal taxes receivable FFMIA Financial Audit financial management systems fiscal year 2002 Fiscal Year Ended funds Future Plans FY 2002 Performance goals identify implement increase individual installment agreements internal controls Internal Revenue Code INTERNAL REVENUE SERVICE internal use software inventory IRS continues IRS management IRS will continue IRS's financial statements IRS's fiscal ledger lockbox Material Weaknesses million obligations Office payments percent Private Letter Rulings property and equipment records reduce reliable Reportable Conditions result REVENUE SERVICE Management Revenue Service Notes SERVICE Management Discussion SFFAS strategic tax law tax liability tax liens tax returns Taxpayer Advocate Total transactions Treasury unpaid assessments
Pasajes populares
Página 119 - SEC. 6601. interest on underpayment, nonpayment, or extensions of time for payment, of tax — (a) General rule.
Página 8 - FMFTA are met; and complying with applicable laws and regulations. We are responsible for obtaining reasonable assurance about whether (1) the financial statements are reliable (free of material misstatement and presented fairly, in all material respects, in conformity with generally accepted accounting principles...
Página 94 - Treasury, and the Office of Personnel Management, working in cooperation with each other and with operating agencies to improve financial management practices throughout the government.
Página 8 - We are also responsible for testing compliance with selected provisions of laws and regulations that have a direct and material effect on the financial statements.
Página 8 - ... transactions are executed in accordance with laws governing the use of budget authority and with other laws and regulations that could have a direct and material effect on the financial statements.
Página 98 - IRS must rely on a costly, labor-intensive manual compensating process for external reporting. Specifically, to report balances for taxes receivable and other unpaid assessments in its financial statements and supplemental information, IRS must apply statistical sampling and projection techniques to data in its master files14 to estimate the balances at year end.
Página 3 - Reportable conditions are matters coming to the auditor's attention that, in the auditor's judgment, should be communicated to management because they represent significant deficiencies in the design or operation of internal controls that could adversely affect the organization's ability to record, process, summarize, and report financial data consistent with the assertions of management in the financial statements.
Página 38 - The principal financial statements have been prepared to report the financial position and results of operations of the entity, pursuant to the requirements of 31 USC 3515(b).
Página 38 - OMB, the statements are in addition to the financial reports used to monitor and control budgetary resources which are prepared from the same books and records.