Major management challenges and program risks : Small Business Administration

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DIANE Publishing
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Page 32 - Small Business; SBA Cannot Assess the Success of Its Minority Business Development Program (GAO/T-RCED-94-278, July 27, 1994).
Page 3 - GAO summarizes the challenges that remain, new ones that have emerged, and further actions that GAO believes are needed. This analysis should help the new Congress and the administration carry out their responsibilities and improve government for the benefit of the American people. For additional information about this report, please contact Allen Li, Director, Acquisition and Sourcing Management, at (202) 612-4841 or at
Page 6 - SBA is responsible for aiding, counseling, assisting, and protecting the interests of the nation's small businesses and for helping businesses and families recover from natural disasters. SBA is also a financial institution with significant commitments and exposure. As of September 30, 2000...
Page 30 - SBA's financial reporting process, coupled with its general computer control deficiencies, resulted in SBA's lack of substantial compliance with the Federal Financial Management Improvement Act of 1996 (FFMIA). FFMIA is a measure of an agency's ability to incorporate into its financial management system accounting standards and reporting objectives established for the federal government, so that all assets, liabilities, revenues, expenses, and the full costs of programs and activities can be consistently...
Page 3 - This Series This report is part of a special GAO series, first issued in 1999 and updated in 2001, entitled the Performance and Accountability Series: Major Management Challenges and Program Risks. The 2003 Performance and Accountability Series contains separate reports covering each cabinet department, most major independent agencies, and the US Postal Service. The series also includes a governmentwide perspective on transforming the way the government does business in order to meet 21st century...
Page 33 - Small Business: Problems in Restructuring SBA's Minority Business Development Program (GAO/RCED-92-68, Jan. 31, 1992); Small Business: Problems Continue With SBA's Minority Business Development Program (GAO/RCED-93-145, Sept.
Page 12 - September 30, 2000. assistance. SBA administers the 8(a) business development program, which is designed to assist small disadvantaged businesses in obtaining federal contracts. SBA also makes loans to businesses and families trying to rebuild in the aftermath of a disaster. As of May 2001, SBA had 2,869 employees.
Page 8 - We found that almost all firms joined the program to obtain 8(a) contracts, wanted SBA to provide contracting assistance, and were more satisfied with the program if they had received a contract.
Page 6 - SBA has, among other things, made 1.1 million small business loans and has approved 1.4 million disaster loans to individual homeowners, renters, and businesses of all sizes. At the same time, SBA is confronting several major performance and accountability challenges that affect its ability to efficiently deliver services. To its credit, SBA is taking steps to address these challenges. However, many of SBAs planned improvements hinge on its multi-million dollar, three-phase systems modernization...
Page 32 - Small Business: SBA Could Better Focus Its 8(a) Program to Help Firms Obtain Contracts (GAO/RCED-00-196, July 20, 2000).

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