Financial Management: Education's Financial Management Problems Persist
T-AIMD-00-180
Published: May 24, 2000. Publicly Released: May 24, 2000.
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Highlights
Pursuant to a congressional request, GAO discussed the Department of Education's financial management problems, focusing on: (1) Education's fiscal year (FY) 1999 financial audit results; (2) the relationship between the audit findings and the potential for waste, fraud, and abuse, and (3) the results of GAO's review of the Department's grantback account.
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Accounting standardsAuditing standardsEducational grantsFinancial management systemsFinancial recordsFinancial statement auditsFinancial managementInternal controlsFinancial statementsAuditors