United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1996-07-11 monographic deposited born digital 74 p. GA 1.13:AIMD-96-101 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-96-101 P0b002ee180398ae4 f:ai96101 DGPO 2010-08-12 2011-03-24 GAOREPORTS-AIMD-96-101 machine generated eng fdlp REPORT GAOREPORTS-AIMD-96-101 AIMD-96-101 Financial statement audits Internal controls Tax administration systems Accounts receivable Accounting procedures Financial records Federal agency accounting systems Auditing standards Financial management Letter Report AIMD As in earlier years, GAO found it impossible to provide an affirmative opinion on IRS' principal financial statements for 1995, internal controls, and IRS' compliance with laws and regulations. The following financial management problems prevented GAO from rendering an opinion: (1) the amounts of total revenue ($1.4 trillion) and tax refunds ($122 billion) cannot be verified or reconciled to accounting records maintained for individual taxpayers in the aggregate; (2) the amounts reported for taxes collected (social security, income, and excise taxes, for example) cannot be substantiated; (3) the reliability of reported estimates of $113 billion for valid accounts receivable and $46 billion for collectible accounts receivable cannot be determined; (4) a significant portion of the agency's reported $3 billion in nonpayroll operating expenses cannot be verified; (5) the amounts IRS reported as appropriations available for expenditure for operations cannot be reconciled fully with Treasury's central accounting records showing these amounts, and hundreds of millions of dollars in differences have been found. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-96-101/html/GAOREPORTS-AIMD-96-101.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-96-101/pdf/GAOREPORTS-AIMD-96-101.pdf GAO/AIMD-96-101 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-96-101 Letter Report GAO/AIMD-96-101; Financial Audit: Examination of IRS' Fiscal Year 1995 Financial Statements; Financial statement audits Internal controls Tax administration systems Accounts receivable Accounting procedures Financial records Federal agency accounting systems Auditing standards Financial management