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 1995-02-01 monographic deposited born digital 95 p. GA 1.13:HR-95-1 https://www.govinfo.gov/app/details/GAOREPORTS-HR-95-1 P0b002ee1803a0ae8 f:hr95001 DGPO 2010-08-12 2011-03-24 GAOREPORTS-HR-95-1 machine generated eng fdlp REPORT GAOREPORTS-HR-95-1 HR-95-1 Systems conversions Financial management systems Internal controls Contract administration Government collections Government guaranteed loans Inventory control systems Accountability ADP procurement Management information systems IRS Tax System Modernization Program TSM DOD Corporate Information Management Initiative CIM GAO High Risk Program OMB High Risk Program Bank Insurance Fund BIF Retirement Protection Act of 1994 Customs Service Seized Asset Program FAA Air Traffic Control Modernization Program FmHA Direct Farm Loan Program FmHA Farm Ownership Loan Program FmHA Guaranteed Farm Loan Program Guaranteed Student Loan Program National Direct Student Loan Program Superfund Program High Risk Series 1995 Letter Report In 1990, GAO began a special effort to identify federal programs at high risk of waste, fraud, abuse, and mismanagement. GAO issued a series of reports in December 1992 on the fundamental causes of the problems in the high-risk areas. This report is part of the second series that updates the status of those areas. The Overview discusses the urgent need to continue addressing critical high-risk problems, including such areas as Defense Department (DOD) contract and inventory management, revenue collections, major lending programs, and oversight of tens of billions of dollars in contracts. Also, GAO has designated new areas as high risk, such as long-standing financial management weaknesses in DOD, growing fraudulent tax filings, and several critical information system modernization projects that are plagued with problems. In five areas, such as the Pension Benefit Guaranty Corporation, improvement has been significant enough for GAO to remove them from the high-risk list. In only three areas--DOD weapons system acquisition and inventory management and the Internal Revenue Service's collection of delinquent receivables--has little progress been made. The series also includes a Quick Reference Guide and a separate report for each of 10 areas, detailing continuing significant problems and needed corrective action. Readers have the following three options in ordering the high-risk series: (1) request any of the individual reports in the series, including the Overview (HR-95-1), the Guide (HR-95-2), or any of the 10 issue area reports; (2) request the Overview and the Guide as a package (HR-95-21SET); or (3) request the entire series as a package (HR-95-20SET). https://www.govinfo.gov/content/pkg/GAOREPORTS-HR-95-1/html/GAOREPORTS-HR-95-1.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-HR-95-1/pdf/GAOREPORTS-HR-95-1.pdf GAO/HR-95-1 https://www.govinfo.gov/app/details/GAOREPORTS-HR-95-1 Letter Report GAO/HR-95-1; High Risk Series: An Overview; Systems conversions Financial management systems Internal controls Contract administration Government collections Government guaranteed loans Inventory control systems Accountability ADP procurement Management information systems IRS Tax System Modernization Program TSM DOD Corporate Information Management Initiative CIM GAO High Risk Program OMB High Risk Program Bank Insurance Fund BIF Retirement Protection Act of 1994 Customs Service Seized Asset Program FAA Air Traffic Control Modernization Program FmHA Direct Farm Loan Program FmHA Farm Ownership Loan Program FmHA Guaranteed Farm Loan Program Guaranteed Student Loan Program National Direct Student Loan Program Superfund Program High Risk Series 1995