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 2005-08-12 monographic deposited born digital 19 p. GA 1.13:GAO-05-693R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-693R P0b002ee180381591 f:d05693r DGPO 2010-08-12 2011-03-23 GAOREPORTS-GAO-05-693R machine generated eng fdlp REPORT GAOREPORTS-GAO-05-693R GAO-05-693R Accountability Accounting standards Auditing standards Financial management Financial records Financial statement audits Financial statements Internal controls Reporting requirements Reports management SEC Electronic Data Gathering, Analysis, and Retrieval System Correspondence A32880

In May 2005, we issued our report expressing an opinion on the Securities and Exchange Commission's (SEC) fiscal year 2004 financial statements and an opinion on SEC's internal control as of September 30, 2004. We also reported on the results of our tests of SEC's compliance with selected provisions of laws and regulations during fiscal year 2004. Our report on SEC's fiscal year 2004 financial statements identified reportable conditions in the internal controls over financial reporting that we considered to be material weaknesses. These weaknesses related to SEC's controls over (1) recording and reporting disgorgements and penalties, (2) information security, and (3) preparing financial statements and related disclosures. We issued two separate reports providing recommendations to address those weaknesses. The purpose of this report is to provide recommendations for those issues identified during our audit that, although not material in relation to the financial statements, we believe warrant management's attention. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-693R/html/GAOREPORTS-GAO-05-693R.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-693R/pdf/GAOREPORTS-GAO-05-693R.pdf GAO-05-693R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-693R Correspondence GAO-05-693R; Management Report: Opportunities for Improvements in SEC's Internal Controls and Accounting Procedures; Accountability Accounting standards Auditing standards Financial management Financial records Financial statement audits Financial statements Internal controls Reporting requirements Reports management SEC Electronic Data Gathering, Analysis, and Retrieval System Title 31 Section 1104(b) 31 U.S.C. 1104(b)