Food and Drug Administration Management Concerns: Hearing Before the Subcommittee on Oversight and Investigations of the Committee on Commerce, House of Representatives, One Hundred Fifth Congress, Second Session, April 1, 1998 |
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2000 Computing Crisis accounting agency agency-wide Agency's assets audit report auditors bar code BARTON BURR BYRD cardholders CBER CBER's Center for Biologics Chairman committee compliance CONG CONGR CONGRESS THE LIBRARY control objectives correct credit card documents dollar Drug Administration effective employees ensure Evaluation FDA management FDA's financial audit Financial Management financial statements fiscal year 1996 Food and Drug fraud FRIEDMAN GANSKE going GRAMLING hearing HHS IG High Risk Series identified IMPAC card individuals Inspector internal controls investigation issued KLINK ledger LIBRA LIBRARY OF CONGRESS limit look management systems material weakness ment million mission Office Okay operations oversight PDUFA problems procedures procurement Prompt Payment Act property management property management system purchase card question RARY records responsibility RESS SCHAUB separation of duties specifically standards STUMPHY STUPAK subcommittee testimony tion tracking transactions understand
Popular passages
Page 13 - Office began a special effort to review and report on the federal program areas its work identified as high risk because of vulnerabilities to waste, fraud, abuse, and mismanagement. This effort, which...
Page 14 - Audit Resolution Standard Prompt Resolution of Audit Findings. Managers are to (1) promptly evaluate findings and recommendations reported by auditors, (2) determine proper actions in response to audit findings and recommendations, and (3) complete, within established time frames, all actions that correct or otherwise resolve the matters brought to management's attention.
Page 15 - Year 2000 Computing Crisis: Actions Needed to Address Credit Union Systems' Year 2000 Problem (GAO/AIMD-98-48, January 7, 1998). Veterans Health Administration Facility Systems: Some Progress Made In Ensuring Year 2000 Compliance, But Challenges Remain (GAO/AIMD-98-31R, November 7, 1997).
Page 17 - Key duties and responsibilities in authorizing, processing, recording, and reviewing transactions should be separated among individuals.
Page 8 - Internal controls means the plan of organization and methods and procedures adopted by management to ensure that: (1) Resource use is consistent with laws, regulations, and policies; (2) Resources are safeguarded against waste, loss, and misuse; and (3) Reliable data are obtained, maintained, and fairly disclosed in reports.
Page 15 - September 1997) Defense Computers: SSG Needs to Sustain Year 2000 Progress (GAO/AIMD-97-120R, August 19, 1997) Defense Computers: Improvements to...
Page 13 - Mr. Chairman, this concludes my statement I would be pleased to respond to any questions that you or other members of the Subcommittee may have at this time.
Page 10 - The concept of reasonable assurance recognizes that the cost of internal control should not exceed the benefits expected to be derived therefrom, and that the benefits consist of reductions in the risks of failing to achieve the stated objectives.
Page 15 - Systems: Risks of VBA's Year-2000 Efforts (GAO/AIMD-97-79, May 30. 1997) Medicare Transaction System: Success Depends Upon Correcting Critical Managerial and Technical Weaknesses (GAO/AIMD-97-78. May 16, 1997) Medicare Transaction System: Serious Managerial and Technical Weaknesses Threaten Modernization (GAO/r-AIMD-97-91.
Page 14 - Transactions and other significant events should be authorized and executed only by persons acting within the scope of their authority. This is the principal means of assuring that only valid transactions to exchange, transfer, use, or commit resources and other events are initiated or entered into.