FINANCIAL MANAGEMENT SERVICE: Significant Weaknesses in Computer Controls Continue

Abstract

In connection with fulfilling our requirement to audit the U.S. government's fiscal year 2000 financial statements, 1 we reviewed the general and application computer controls over key financial systems maintained and operated by the Department of the Treasury's Financial Management Service (FMS) as of September 30,2000. These systems, some of which are operated and maintained by contractors and the Federal Reserve Banks (FRB) are critical to FMS s mission of serving as the government's financial manager, central disburser, collections agent, and reporter of financial information. On December 14,2001, we issued a Limited Official Use report detailing the results of our review. This excerpted version of the report for public release summarizes (1) the significant weaknesses we identified and recommendations we made and (2) our follow-up on previously reported weaknesses.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 2002
Accession Number
ADA398748

Entities

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Application Software
  • Computer Access Control
  • Computer Network Security
  • Computer Programming
  • Computer Programs
  • Computer Security Software
  • Computers
  • Cybersecurity
  • Data Centers
  • Financial Management
  • Information Security
  • Information Systems
  • Risk Analysis
  • Security
  • Security Personnel
  • System Software
  • Vulnerability

Readers

  • Defense Financial Management and Audit.