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 2007-04-03 monographic deposited born digital 22 p. GA 1.13:GAO-07-482R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-482R P0b002ee18037a7c2 f:d07482r DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-07-482R machine generated eng fdlp REPORT GAOREPORTS-GAO-07-482R GAO-07-482R Accounting standards Audit reports Data integrity Equipment inventories Financial records Financial statement audits Fines (penalties) Internal controls Property Records management Reporting requirements Corrective action Policies and procedures Correspondence A67724 On November 15, 2006, we issued our report on the U.S. Securities and Exchange Commission's (SEC) fiscal years 2006 and 2005 financial statements and on SEC's internal control as of September 30, 2006. We also reported on the results of our tests of SEC's compliance with selected provisions of laws and regulations during fiscal year 2006. The purpose of this report is to discuss issues identified during our fiscal year 2006 audit concerning internal controls and accounting/operational procedures that could be improved. This report contains six recommendations to SEC to improve these internal controls and procedures. These recommendations are in addition to those we already provided to SEC as a result of our prior audits of SEC's financial statements https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-482R/html/GAOREPORTS-GAO-07-482R.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-482R/pdf/GAOREPORTS-GAO-07-482R.pdf GAO-07-482R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-482R Correspondence GAO-07-482R; Internal Control: Improvements Needed in SEC's Accounting and Operational Procedures; Accounting standards Audit reports Data integrity Equipment inventories Financial records Financial statement audits Fines (penalties) Internal controls Property Records management Reporting requirements Corrective action Policies and procedures