**GAO-08-461R**                      Published: Apr 01, 2008. Publicly Released: Apr 01, 2008.                  

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## Highlights

On November 16, 2007, we issued our report on the U.S. Securities and Exchange Commission's (SEC) fiscal years 2007 and 2006 financial statements and on SEC's internal control as of September 30, 2007. We also reported on the results of our tests of SEC's compliance with selected provisions of laws and regulations during fiscal year 2007. The purpose of this report is to present areas of SEC's internal controls identified during our fiscal year 2007 audit that could be improved. This report contains 14 recommendations to SEC to improve these internal controls and procedures. These recommendations are in addition to those we already provided to SEC as a result of our prior audits of SEC's financial statements.

## Recommendations

## Recommendations for Executive Action

See All 14 Recommendations

## Full Report

Full Report (21 pages)

Accessible Text 

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## Topics

Auditing and Financial Management

AccountabilityAccounting standardsAuditing standardsData integrityDocumentationFederal regulationsFinancial managementFinancial management systemsFinancial recordsFinancial statement auditsFinancial statementsInformation securityInternal controlsPolicy evaluationProgram evaluationRecords managementReporting requirementsReports managementSecuritiesSystems integrationPolicies and procedures