To Provide for Financial Control of Government Corporation, Hearings Before a Subcommittee of ..., 79-1 on S.469 ..., April 20 ... May 4, 1945 |
Common terms and phrases
Accounting Office administrative expenses agencies agricultural amount annual appropriations approval associations audit banks for cooperatives board of directors bonds borrowing budget program Bureau Byrd-Butler bill CADDELL CAGLE Chairman charter committee Commodity Credit Corporation Comptroller debentures Department deposit insurance DUGGAN effect electric estimates examiners expenditures Farm Credit Administration farm loan Farm Mortgage Corporation farmers Federal Farm Mortgage Federal intermediate credit Federal land banks financial control financial transactions fiscal going Government capital Government corporations Governor gress interest intermediate credit banks investment Lilienthal MEHAFFEY ment needs operations organization Panama Canal Panama Railroad Company percent poration POWELL present President production credit corporations production-credit provisions purpose question Reconstruction Finance Corporation revolving fund Secretary section 104 Senator BUTLER Senator BYRD Senator MURDOCK Senator TAFT specific statement subcommittee submitted T. V. A. Act Tennessee Valley Authority tions Treasury United wholly owned Government WILHOITE
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Էջ 171 - By aiding in preventing and controlling surpluses in any agricultural commodity, through orderly production and distribution, so as to maintain advantageous domestic markets and prevent such surpluses from causing undue and excessive fluctuations or depressions in prices for the commodity.
Էջ 24 - The financial transactions of the Corporation for any fiscal year during which Federal funds are available to finance any portion of its operations may be audited by the General Accounting Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States.
Էջ 4 - The financial transactions of all Government corporations shall be audited by the General Accounting Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States. The audit shall be conducted at the place or places where the accounts of the respective corporations are normally kept.
Էջ 3 - The audit shall be conducted at the place or places where the accounts of the respective corporations are normally kept. The representatives of the General Accounting Office shall have access to all books, accounts, financial records, reports, files, and all other papers, things, or property belonging to or in use by the respective corporations and necessary to facilitate the audit, and they shall be afforded full facilities for verifying transactions with the balances or securities held by depositaries,...
Էջ 171 - Congress to promote the effective merchandising of agricultural commodities ''in interstate and foreign commerce, so that the industry of agriculture will be placed on a basis of economic equality with other industries...
Էջ 4 - ... of assets and liabilities, capital and surplus or deficit; a statement of surplus or deficit analysis ; a statement of income and expense; a statement of sources and application of funds; and such comments and information as may be deemed necessary to keep Congress informed of the operations and financial condition...
Էջ 25 - Director of the Bureau of the Budget with the approval of the president...
Էջ 26 - ... such comments and information as may be deemed necessary to inform Congress of the financial operations and condition of the Corporation, together with such recommendations with respect thereto as the Comptroller General may deem advisable. The report shall also show specifically any program, expenditure, or other financial transaction or undertaking observed in the course of the audit, which, in the opinion of the Comptroller General, has been carried on or made without authority of law.
Էջ 191 - Authority— a corporation clothed with the power of government but possessed of the flexibility and initiative of a private enterprise. It should be charged with the broadest duty of planning for the proper use, conservation and development of the natural resources of the Tennessee River drainage basin and its adjoining territory for the general social and economic welfare of the nation.
Էջ 3 - ... wholly owned Government corporations by the Government Corporation Control Act, as amended; (2) maintain an integral set of accounts which shall be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial transactions as provided by the Government Corporation Control Act, as amended...