(UNTITLED)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-04727A000200210024-2
• Release Decision: RIFPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 12, 2016
• Document Release Date: September 28, 2001
• Sequence Number: 24
• Content Type: SUMMARY

Approved For Release 2001/11/(1 - 78-04727A000200210024-2
SUMMARY OF FINDINGS
"3. Our audit revealed that documentation or other data of the type normally
required to support obligations was not available to substantiate the validity of the
total recorded obligations. Further, many transactions occurring subsequent to
Fiscal Year 1958 and processed as expenditures in liquidation of Fiscal Year 1958
obligations were of the type which would normally be considered applicable to a
fiscal year subsequent to Fiscal Year 1958. Adequate detail was .not available to
support a substantial amount of expenditures, and such documentation as was
available was not maintained within a single substantive file. Although documenta-
tion made available to us indicated appropriate project approvals were obtained,
we were unable to determine whether total project costs were within the limits
of such approvals because property issued by field stations was not shown on
Headquarters records.
SUMMARY OF RECOMMENDATIONS
"4. We recommend that FE Division take action as deemed appropriate to
assure documentation and recording of future expenditures and obligations
according to such determinations as may arise out of the matters presented
in this report. Additional specific recommendations are presented for considera-
tion as follows:
"a. In conjunction with the Comptroller, review' unliquidated
obligations and adjust accounts to reflect only those obligations deter-
mined to be proper under established criteria. (Paragraphs 9 through
11)
"b. With concurrence of the Comptroller, determine whether
review of all recorded expenditures should be undertaken for the pur-
pose of adjusting as necessary to reflect charges to proper fiscal year.
(Paragraph 13)
"c. Undertake action necessary to create a single substantive
file to support and reflect the detail of expenditures. (Paragraph 14) "
Approved For Release 2001/11/01 : - i i i ' 04727A000200210024-2
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