Statement of Assurance
GSA management is responsible for establishing and maintaining effective internal control and financial management systems that meet the objectives of the Federal Managers’ Financial Integrity Act (FMFIA). In accordance with the Office of Management and Budget (OMB) Circular A-123, GSA conducted its annual assessment of internal controls over program operations, which includes compliance with applicable laws and regulations, and conformance with financial management systems requirements. Based on the results of the assessment for the fiscal year ended September 30, 2007, GSA provides an unqualified statement of assurance. The internal controls over program operations and financial management systems meet the objectives of FMFIA. The controls were operating effectively, and no material weaknesses or non-conformances were found in the design or operation of the controls.
In accordance with Appendix A of OMB Circular A-123, GSA conducted its assessment of the effectiveness of internal control over financial reporting, which includes safeguarding of assets and compliance with applicable laws and regulations. Based on the results of the assessment, GSA can provide reasonable assurance that internal control over financial reporting as of June 30, 2007, was operating effectively and no material weaknesses were found in the design or operation of the internal control over financial reporting.
To identify management issues and monitor progress in addressing them, GSA’s senior leaders use a system of internal program evaluations and independent audit reviews conducted by the Government Accountability Office (GAO) and GSA’s Office of Inspector General (OIG), to assess program effectiveness. In FY 2007, GSA has no material weaknesses or systems non-conformances to report under FMFIA. In addition, GSA is continuing to enhance our controls in areas involving budgetary accounting and system access and monitoring.
GSA is strongly committed to the high performance and continuous improvement necessary to achieve its mission. In addition, we are dedicated to improving internal control and look forward to further progress in this important area.
Lurita Doan
Administrator
November 9, 2007