rinaucialStateme os By the en. o:2 the month rreli:unart annual financial state- ments had Leer. received from Chicarso, Oak Ridge, Hanford, Schenectady and Coloraco, and the preliminar, cu:.solidated statements for Santa Fe in early im september. The hew Yours Operations Office is pro- pressing with tne preperatyor of ot, Financial éApprai sa] ae! etatements in final form. of Physical Faenl. ties 4 « The financla. aporeaisnl «fo chysicr. facilities hes now been # completed at ul offices except Cak titre and Los Alamos. The present echedule cells “or completicn of tae werk nt Oak Ridge between October i and lo are ccnp et.on of the woce a: «4s Alames by November 15 : * Insurance During the montn the (vosicr issued two Controller's Releases initiating an Tusurauce Series: Jh-ls, Guides to Insurance Policies and Procedures, ang29, Insurknces Slims Proceduresa Auditing &A pronose: Controller's celers+ on the auditing of cost-type contractor: * insurance premiums wag 2en to the Directors of Finance at ali Operatic as oPPiees for connie g A uiemoranium to tne Geneval hauaper on « proposal for the inde- pencent awit «ff ARC accounting, enc .1?ornel control procedures and the independen' developed aacwt of AEC Contetyre Veocooep ger lod of Beyer 2 oortrectors incorporated sugrestions ocr thoy Claims of and araine: AE an ‘ormexl GAO notices of exception seem to be increasing ard requir ny; :or? and more staff time. The problem of developing mere unitevr «is oxpeditious procedures for handling tiuese tems is therefur. perce ving attention. Dispositio: of #ierefilmec te wks The general reluctance «‘ lu,al] staffs of contractors to endorse the destrustion cf record: after the tave been microfilmed if there is a possivility thet such recor's my be the basis for litigation is receiving consideration a: a resul- 17 questions raised by the General Bleotric Company at Hanford. I! i° ss necessary to retain the original records, tiifs ms, substan*ielly ve oo tne scope and the economy aspects of microfilmin. ree ree. Property reports cimove meats, reguired under Bulletin - jr: ifB | oe aos The umpusl io de ee Consoliceated Annual OE ARCHIVES: