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Statement of Assurance

The management of the U.S. General Services Administration (GSA) recognizes and fully embraces our responsibility to establish and maintain effective internal controls and financial management systems that meet the objectives of the Federal Managers’ Financial Integrity Act (FMFIA). Management assures the effectiveness of GSA’s internal controls to support effective and efficient programmatic operations, reliable reporting, and compliance with all applicable laws and regulations. Throughout the year, management conducts extensive evaluation and review of its operations. Based on the results of this effort, GSA can provide reasonable assurance that the objectives of FMFIA are being met, and that no material weaknesses exist in the design or operation of the internal controls as of September 30, 2009.

In addition, GSA conducted an assessment of the effectiveness of internal controls over financial reporting in accordance with Appendix A, Office of Management and Budget’s (OMB) Circular A-123, Management’s Responsibility for Internal Control. Based on the results of this assessment, GSA can provide reasonable assurance that its internal controls over financial reporting, as of June 30, 2009, were operating effectively and no material weaknesses were found in the design or operation of the internal control over financial reporting. The assessment did find that a Federal Financial Management Improvement Act (FFMIA) non-compliance had existed in accounting adjustments being entered at a summary level, resulting in a FFMIA non-compliance with recording the U.S. Standard General Ledger (USSGL) at the transaction level. Subsequent testing through September 30, 2009 identified the remediation of the FFMIA non-compliance due to a successful Lean Six Sigma project implementation. GSA’s financial management systems were in substantial compliance with the requirements of FFMIA as of September 30, 2009.

This system of internal controls is also being used to support the American Recovery and Reinvestment Act (Recovery Act) of 2009 awards made at GSA. Relying on OMB guidance, GSA performed an assessment of risks related to the Recovery Act. This assessment, combined with management’s assessment of internal controls, enables GSA to provide reasonable assurance that the key accountability objectives of the Recovery Act are being met and that significant risks to meeting these Recovery Act accountability objectives are adequately mitigated.

Signature of Paul F. Prouty

Paul F. Prouty
Acting Administrator
November 12, 2009

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