TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Wednesday, June 22, 2011

GAO Identifies 29 Deficiencies in IRS's Internal Controls

GAO Logo The Government Accountability Office yesterday released Management Report: Improvements Are Needed to Enhance the Internal Revenue Service's Internal Controls and Operating Effectiveness (GAO-11-494R):

During our audit of IRS's fiscal year 2010 financial statements, we identified [15] internal control issues for which we do not already have recommendations outstanding. ...These issues increase the risk that IRS may not prevent or promptly detect and correct (1) unauthorized or improper refunds, purchases, or promotions; (2) errors in the hours credited or amounts paid to staff; (3) loss or theft of cash receipts or taxpayer information; (4) security and control deficiencies at its SCCs and processing facilities; (5) data errors in its property records; and (6) improper disclosure of taxpayer and other sensitive data.. ... This report provides 29 recommendations to address the internal control issues we identified. These recommendations are intended to bring IRS into conformance with its own policies, the Standards for Internal Control in the Federal Government, or both.

http://taxprof.typepad.com/taxprof_blog/2011/06/gao-identifies-.html

Gov't Reports, IRS News, Tax | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef0154332a5594970c

Listed below are links to weblogs that reference GAO Identifies 29 Deficiencies in IRS's Internal Controls:

Comments