Internal Revenue Service

Internal Revenue Service

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In its role as the nation's tax collector, the IRS has a demanding responsibility to annually collect trillions of dollars in taxes, process hundreds of millions of tax and information returns, and enforce the nation's tax laws. Since its first audit of IRS's financial statements in FY 1992, the auditor has identified a number of weaknesses in IRS's financial management operations. In related reports, he has recommended corrective actions to address those weaknesses. The purpose of this report is to: (1) provide the status of audit recommendations and actions needed to fully address them; and (2) demonstrate how the recommendations relate to control activities central to IRS's mission and goals. Charts and tables.Interest- related training was provided to personnel by January 2009, and additional guidance will be issued to Collection ... During our fiscal year 2006 audit, we tested a statistical sample of manual interest transactions and estimated that 18anbsp;...

Title:Internal Revenue Service
Author:Steven J. Sebastian
Publisher:DIANE Publishing - 2010-01


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