About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

LOG IN
LOG IN


GGD-78-31 1 (1977-12-29)

handle is hein.gao/gaobaawkv0001 and id is 1 raw text is: DCCUS1ANT EESUNE 04569 - [B0044938] Audit of tie Office of the Attending Physician Revolving Fund, Fiscal Year 1977. GGD-78-31; B-181804. December 29, 1977. 3 pp. * 3 enclosures (3 pp.). Report to the Congres; by Rotert F. Keller, Acting Comptroller General. Issue Area: Accounting and Financial Reporting 42800). Contact: General Govertment Div. Budget Function: General Government: Legislative Functions (801). Organization Concerned: Congress: Oflice of the Attending Phjsician. Congressional Relevance: House Committee cn House Administration; Senate Coswittee -n Rules and Administration; Congress. Authority; Legislative branch Appropriation Act [of] 1976 (89 btat. 283). The financial transactions of the Office of the Attending Physician Revolving : jnd for fiscal year 1977 were audited in accordance with generally accepted auditing standards. Financial statements for tha revolving tund were prepared from records furnished by the fund. Shese state*-,ts do not include certain exlenses such as labor, syringes, aud cthez rupplies incurzed in revolving fund operatiozs and paid fcr with appropriattd funds. Findiagr/Conclusiots; The purchase and resale of prescription drugs make up the majcrity of the funds' receipts and disburresents* Authoriring lgislation requires &I mo,,eys received from the sale of drugs or other sources to be deposited by the Office in the revolting fund and permits disbursements from the fund for the purchase of Jrugs for resale. After restoring any impairaent of capital, the fund's ntt income is required to be transferred tn the general fund of tha U.S. Treasury. The net income to be transferred to the Treasury for fiscal year 1977 is $1,406.06. (RES)