GSA Management Assurances

2016 Agency Financial Report Banner - Mobile Version

Statement of Assurance

The U.S. General Services Administration (GSA) management is responsible for managing risks and establishing and maintaining effective internal controls to meet the objectives of Sections 2 and 4 of the Federal Managers’ Financial Integrity Act (FMFIA).

In accordance with OMB Circular No. A-123, Management’s Responsibility for Enterprise Risk Management and Internal Control, GSA conducted its assessment of the effectiveness of internal controls over financial reporting, which includes the 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 operations, reporting, and compliance were operating effectively as of September 30, 2016.

GSA transitioned the administration of the Army Child Care Program to an external contractor, having acknowledged management challenges with the program in 2015. This fiscal year, GSA also finalized the governance processes and control activities related to the financial management provided by its Federal shared service provider (FSSP), the U.S. Department of Agriculture (USDA). This consisted of collaborating on internal controls and implementing monitoring activities.

GSA’s Public Buildings Service implemented a new contract writing system, Electronic Acquisition System Integration (EASi). EASi interfaces directly with GSA’s accounting system and represents substantial progress by allowing real time recording of contractual actions in the accounting system. As with any new system and process, the migration of data proved challenging and affected some of our financial operations. In response, GSA implemented a robust set of internal controls and believes these issues will not adversely affect the agency’s financial statements.

The 18F program is a digital services delivery program within the Technology Transformation Service. GSA acknowledges that there have been challenges with internal controls in 18F and has already taken significant steps to strengthen them.

In response to the EASi and 18F challenges, GSA implemented a robust set of internal controls and does not believe these issues adversely affected the financial statements.

The Federal Financial Management Improvement Act of 1996 (FFMIA) and OMB Circular A-123 Appendix D require agencies to implement and maintain financial management systems that are substantially in compliance with Federal financial management systems requirements, Federal accounting standards promulgated by the Federal Accounting Standards Advisory Board, and the U.S. Standard General Ledger (USSGL) at the transaction level. GSA assessed its degree of substantial compliance by utilizing the FFMIA Risk Model. GSA financial management systems were found to substantially comply with FFMIA as of September 2016.

Denise Turner Roth signature

Denise Turner Roth
Administrator
November 08, 2016

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