Friday, November 14, 2008

The IRS Audit Results

In a previous post (see IRS IT Woes), we looked at some of the problems that have been occurring at the IRS. Well it appears that the IRS has a couple more issue that need to be ironed out regarding their operations. An audit report from the Government Accountability Office reveals internal control problems and financial management inefficiencies within the IRS. The main areas that need improvement are controls dealing with information security and the utilization of obsolete financial management systems.

The IRS contends that measures have been taken to improve internal controls and improve processes within the financial management systems. Will be interesting to see how these improvements work out in the coming year. Stay tuned.

Keeping Your Business N Synergy

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