IRS Gets Clean Bill of Health | AccountingWEB

IRS Gets Clean Bill of Health

The General Accounting Office couldn't find any problems with the IRS's financial statements for 2000 - a first for the tax service, which in the past has always received qualified opinions on its year-end statements.

"This is a significant accomplishment and an important milestone in the progress of the IRS," according to Charles O. Rosotti, IRS Commissioner.

The GAO report highlighted some weaknesses in the IRS's internal controls, and it is expected that those weaknesses will be addressed in future years.

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