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GAO Releases Improvements Needed in IRS’s Internal Controls

Gao_6The Government Accountability Office yesterday released Management Report: Improvements Needed in IRS’s Internal Controls (5/12/06):

The purpose of this report is to discuss issues identified during our audit of IRS’s financial statements as of, and for the fiscal year ending September 30, 2005, regarding internal controls that could be improved for which we do not currently have any recommendations outstanding. Although not all of these issues were discussed in our fiscal year 2005 audit report, they all warrant management’s consideration. This report contains 22 recommendations that we are proposing IRS implement to improve its internal controls. We conducted our audit in accordance with U.S. generally accepted government auditing standards.


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