Download or read book Compilation of FY 1995 and FY 1996 DOD Financial Statements at the Defense Finance and Accounting Service Indianapolis Center written by and published by . This book was released on 1996 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audit objective was to determine whether the Defense Finance and Accounting Service, Indianapolis Center, consistently and accurately compiled financial data from field entities and other sources into the FY 1995 Consolidated Financial Statements for the Army General Fund. We evaluated the processes, including internal controls and methods, that the Defense Finance and Accounting Service, Indianapolis Center, used to compile the Army FY 1995 General Fund financial statements. We also assessed actions in preparation for the compilation of financial data for the FY 1996 financial statements for the other DoD organizations that are the responsibility of the Defense Finance and Accounting Service, Indianapolis Center. In addition, we examined the controls over the preparation of accounting adjustment vouchers for Defense appropriations other than the Army General Fund. We also reviewed the adequacy of the management control program as it applied to our objectives.

Download or read book Compilation of the FY 1996 Army Financial Statements at the Defense Finance and Accounting Service Indianapolis Center written by and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service (DFAS) Indianapolis Center maintains the Army departmental accounting records and compiles the Army General Fund financial statements. The audit objective was to determine whether the DFAS Indianapolis Center consistently and accurately compiled financial information from field activities and other sources into the FY 1966 Consolidated Financial Statements of the Army General Fund. We evaluated the processes, including internal controls and methods that the DFAS Indianapolis Center used to compile the Army FY 1996 General Fund financial statements. In addition, we reviewed the adequacy of the internal control program as it applied to our objectives.

Download or read book Compilation of the FY 1996 Financial Statements for Other Defense Organizations written by and published by . This book was released on 1998 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third and final report on the Defense Finance and Accounting Service (DFAS) Indianapolis Center's compilation of the 1996 financial statements for Other Defense Organizations. This report also summarizes conditions affecting the compilation process as reported in previous Inspector General, DoD, audit reports. We performed the audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires that DoD provide audited financial statements to the Office of Management and Budget. The DoD consolidated financial statements for FY 1996 included financial statements for a new reporting entity entitled "Other Defense Organizations." The entity represents a consolidation of financial information from various Defense agencies and organizations. The DFAS Indianapolis Center is responsible for preparing financial statements for Other Defense Organizations from information generated by multiple accounting systems and submitted by 23 accounting offices. During FY 1996, the 42 Defense organizations, funds, and accounts included in Other Defense Organizations were appropriated $39 billion, and their financial statements showed total assets of $45.7 billion, liabilities of $2.7 billion, revenues and financing sources of $46.7 billion, and expenses of $46.5 billion. Audit Objective. The overall audit objective was to determine whether the DFAS Indianapolis Center consistently and accurately compiled data received from field accounting organizations and other sources for the financial statements for Other Defense Organizations. Specifically, we evaluated whether the compilation of Other Defense Organizations financial information for the FY 1996 financial statements was complete, and whether the Notes to the financial statements fully disclosed material discrepancies and additional information relevant to the statements.

Download or read book Compilation of FY 1996 Air Force Consolidated Financial Statements at the Defense Finance and Accounting Service Denver Center written by and published by . This book was released on 1998 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, requires the Inspector General, DoD, to audit the DoD financial statements. We delegated the audit of the FY 1996 Air Force Consolidated Financial Statements to the Air Force Audit Agency. The Defense Finance and Accounting Service (DFAS) Denver Center maintained accounting records and prepared the FY 1996 financial statements for the Air Force. More than $342 billion in total assets was reported at year's end in these statements, and total revenues for the year exceeded $59 billion. The Air Force Audit Agency disclaimed an opinion on these statements. Our audit focused on the Chief Financial Officers Reporting System used by the DFAS Denver Center to compile the FY 1996 Air Force financial statements. The DFAS Denver Center developed the Chief Financial Officers Reporting System at a cost of $586,750. The primary audit objective was to determine whether the DFAS Denver Center consistently and accurately compiled financial data from field activities and other sources for the FY 1996 Air Force financial statements. We also determined whether FY 1996 ending balances reported by the DFAS Denver Center were supportable for use as beginning balances in the FY 1997 financial statements. In addition, we evaluated the DFAS Denver Center's compliance with applicable laws and regulations and its internal control program as related to our objectives. Although significant financial management challenges remain, the DFAS Denver Center completed corrective actions on 16 of 28 prior recommendations made by the Inspector General, DoD, to improve the process of compiling the Air Force financial statements.

Download or read book Copia der Ratification F rstlichen Stifts written by and published by . This book was released on 1759 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Compilation of FY 1995 Air Force Consolidated Financial Statements at the Defense Finance and Accounting Service Denver Center written by and published by . This book was released on 1996 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Documentation of the Federal Financial System Process at the Defense Finance and Accounting Service Indianapolis Center written by and published by . This book was released on 1997 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audit was performed in compliance with the Chief Financial Officers Act of 1990 (Public Law 101-576) and the Federal Financial Management Act of 1994 (Public Law 103-356). Public Law 103-356 requires DoD and other Government agencies to prepare consolidated financial statements for FY 1996 and each succeeding year. The DoD Deputy Chief Financial Officer notified the DoD Components on June 6, 1995, of the requirement to prepare and submit financial statements in accordance with the Federal Financial Management Act of 1994. In September 1994, the Defense Finance and Accounting Service (DFAS) transferred the responsibility for preparing the departmental accounting reports for Department 971 appropriations to the DFAS Indianapolis Center. The transfer was effective April 1, 1995. Objectives. The overall audit objective was to evaluate the process for reporting Department 97 appropriations through the Federal Financial System (previously the General ledger Accounting and Reporting System) at the DFAS Indianapolis Center. Specifically, we reviewed the Federal Financial System process the DFAS Indianapolis Center used to receive, adjust, and consolidate the general ledger trial balances on the Army Reserve portion of the National Guard and Reserve Equipment appropriation. We also evaluated management controls over the process the DFAS Indianapolis Center used to receive, adjust, and consolidate the general ledger trial balances received from fiscal stations.

Download or read book Financial Reporting written by United States. General Accounting Office and published by . This book was released on 1997 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Comprehensiveness of the FY 1996 Other Defense Organizations Financial Statements written by and published by . This book was released on 1997 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary audit objective was to determine whether the Defense Finance and Accounting Service Indianapolis Center consistently and accurately compiled financial data received from field accounting organizations and other sources for the financial statements of "Other Defense Organizations. Specifically, we evaluated whether the Defense Finance and Accounting Service Indianapolis Center included all of the required appropriation accounts in the FY 1996 "Other Defense Organizations" financial statements. In addition, we evaluated internal controls and compliance with laws and regulations, as they related to our audit objectives. A subsequent report will discuss other issues on the preparation of the financial statements for "Other Defense Organizations." Audit Results. The FY 1996 financial data prepared by the Defense Finance and Accounting Service Indianapolis Center for the "Other Defense Organizations" financial statements was not comprehensive and complete. Specifically, the Defense Finance and Accounting Service Indianapolis Center excluded from the FY 1996 "Other Defense Organizations" financial statements.

Download or read book Defense Finance and Accounting Service Work on the Navy Defense Business Operations Fund FY 1995 Financial Statements written by and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary audit objective was to determine whether the DFAS Cleveland Center consistently and accurately compiled financial data from field activities and other sources for the FY 1995 Consolidated Financial Statements of the Navy Defense Business Operations Fund. We also planned to determine whether FY 1995 ending balances reported by DFAS Cleveland Center are usable as beginning balances for FY 1996 financial statements. However, we were unable to do so because insufficient FY 1995 data were provided. We reviewed the management control program as applicable to our other audit objectives. We did not render an opinion on the financial statements.

Download or read book Compilation of the FY 1998 Financial Statements for Other Defense Organizations written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is the second report in a series on the compilation of the FY 1998 financial statements for Other Defense Organizations by the Defense Finance and Accounting Service (DFAS) Indianapolis Center. We performed the audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires DoD and other Government agencies to prepare consolidated financial statements. The DoD Agency-Wide financial statements for FY 1998 include financial statements for a reporting entity entitled "Other Defense Organizations." The entity represents a consolidation of financial information from various Defense organizations and funds, including the Military Departments, which use the Treasury Index 97 symbol, also referred to as Department 97. The FY 1998 financial statements for Other Defense Organizations reported $45.2 billion in assets, $227.5 billion in liabilities, and $54.6 billion in budget authority

Download or read book Payroll Expenses Reported by the Defense Finance and Accounting Service Cleveland Center written by and published by . This book was released on 1998 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service Indianapolis Center is responsible for preparing the financial statement for the Department 97 appropriations, beginning in FY 1996. To meet that requirement, a consolidation was done of the financial information received from offices providing accounting support to the Defense organizations and prepares the financial statement for the "Other Defense Organizations" a segment of the DoD consolidated financial statement. During FY 1996, the Defense organizations received $39 billion in appropriations, and their financial statements showed operating expenses of $40.5 billion. inspector General, DoD, Report No. 98-028, "Personal Services and Benefits Expenses in the FY 1996 Statement of Operations and Changes in Net Position of the Other Defense Organizations," December 2, 1997, reported that payroll constituted $7. 1 billion of the operating expenses. For the FY 1996 financial statements, the Defense Finance and Accounting Service Cleveland Center reported operating expenses totaling $5.3 billion for Department of the Navy organizations that received Department 97 appropriated funds. This report (is the fourth and final in a series of reports addressing payroll-related issues, including the effect of noncompliant payroll actions on the FYs 1996 and 1997 financial statements. The overall audit objective was to evaluate management controls over the distribution of civilian payroll and related expenses on the FY 1996 financial statements for Other Defense Organizations.

Download or read book Accounting for Unliquidated Obligations for the Defense Fuel Supply Center written by and published by . This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction. This audit report is related to the "Audit of Liabilities on the FY 1996 Consolidated Financial Statements of the Defense Business Operations Fund." This report addresses the recording of an invalid obligation at the Defense Fuel Supply Center, Alexandria, Virginia. The Defense Finance and Accounting Service (DFAS) Columbus Center, Columbus, Ohio, and the Defense Fuel Supply Center share responsibility for accurate accounting information and financial reporting. Verifying unliquidated obligations is necessary to identify funds reserved for possible invalid expenditures, and to ensure accurate reporting on financial reports and related footnotes. For FY 1995, the Defense Fuel Supply Center reported $3.52 billion in unliquidated obligations, or 44 percent of the $7.94 billion in unliquidated obligations reported by the Defense Logistics Agency (DLA).

Download or read book Inspector General United States Department of Defense Semiannual Report to the Congress October 1 1996 March 31 1997 written by and published by DIANE Publishing. This book was released on with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Compilation of the FY 1997 Financial Statements for Other Defense Organizations written by and published by . This book was released on 1998 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction. This report is the second and final report on the compilation by the Defense Finance and Accounting Service (DFAS) Indianapolis Center of the FY 1997 Financial Statements for Other Defense Organizations. This report also summarizes conditions affecting the compilation process as reported in previous Inspector General, DoD, audit reports. We performed the audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires that DoD provide audited financial statements to the Office of Management and Budget. The DoD Consolidating Financial Statements for FY 1997 included financial statements for a reporting entity called "Other Defense Organizations" that represents a consolidation of financial information from 44 Defense organizations, funds, and accounts using Treasury Index No. 97. The DFAS Indianapolis Center is responsible for preparing financial statements for Other Defense Organizations from information generated by multiple accounting systems and accounting offices. During FY 1997, the 44 Defense agencies, funds, and accounts included in Other Defense Organizations were appropriated $39.1 billion, and their financial statements showed assets of $46.5 billion, liabilities of $222.2 billion, revenues and financing sources of $50 billion, and expenses of $49.7 billion.

Download or read book Papeles varios written by and published by . This book was released on 1701 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Compilation of the FY 1999 Army General Fund Financial Statements at the Defense Finance and Accounting Service Indianapolis Center written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: