Business Systems Modernization: IRS Has Made Significant Progress in Improving Its Management Controls, but Risks Remain

A letter report issued by the General Accounting Office with an abstract that begins "As required by law, the Internal Revenue Service (IRS), in November 2002 and March 2003, submitted to the congressional appropriations committees its initial and revised fiscal year 2003 expenditure plans, respectively, requesting about $378 million for the Business Systems Modernization (BSM) program. GAO reviewed the plans to (1) determine whether the plans were prepared in accordance with the law, (2) determine what progress IRS had made in implementing modernization management controls and capabilities, and (3) provide any other observations about the plans and IRS's BSM program.