United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2005-04-18 monographic deposited born digital 9 p. GA 1.13:GAO-05-467R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-467R P0b002ee18037e13e f:d05467r DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-05-467R machine generated eng fdlp REPORT GAOREPORTS-GAO-05-467R GAO-05-467R Audit reports Computer security Financial management systems Financial statement audits Information resources management Information systems Internal controls Bureau of the Public Debt Schedule of Federal Debt Correspondence A21840

In connection with fulfilling our requirement to audit the financial statements of the U.S. government, we audited and reported on the Schedules of Federal Debt Managed by the Bureau of the Public Debt (BPD) for the fiscal years ended September 30, 2004 and 2003. As part of these audits, we performed a review of the general and application information security controls over key BPD financial systems. As we reported in connection with our audit of the Schedules of Federal Debt for the fiscal years ended September 30, 2004 and 2003, BPD maintained, in all material respects, effective internal control, including general and application information security controls, relevant to the Schedule of Federal Debt related to financial reporting and compliance with applicable laws and regulations as of September 30, 2004, that provided reasonable assurance that misstatements, losses, or noncompliance material in relation to the Schedule of Federal Debt would be prevented or detected on a timely basis. We found matters involving information security controls that we do not consider to be reportable conditions3 but that nevertheless warrant BPD management's attention and action. This report presents the results of our fiscal year 2004 testing of the general and application information security controls that support key BPD automated financial systems relevant to BPD's Schedule of Federal Debt and the results of our follow-up on the status of BPD's corrective actions to address recommendations that were contained in our prior years' audits and open as of September 30, 2003. In a separately issued Limited Official Use Only report, we communicated detailed information regarding our findings to BPD management. We also assessed the general and application information security controls over key BPD financial systems that the Federal Reserve Banks (FRB) maintain and operate on behalf of BPD. We have communicated the results of such testing to the Board of Governors of the Federal Reserve System. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-467R/html/GAOREPORTS-GAO-05-467R.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-467R/pdf/GAOREPORTS-GAO-05-467R.pdf GAO-05-467R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-467R Correspondence GAO-05-467R; Bureau of the Public Debt: Areas for Improvement in Information Security Controls; Audit reports Computer security Financial management systems Financial statement audits Information resources management Information systems Internal controls Bureau of the Public Debt Schedule of Federal Debt Title 31 Section 720 31 U.S.C. 720