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 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 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 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 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 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 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 Immobilien 2025 written by Markus Demary and published by . This book was released on 2009 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Compilation of the FY 1999 Financial Statements for Other Defense Organizations General Funds written by and published by . This book was released on 2000 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective was to determine whether the DFAS Center for Sustaining Forces-Indianapolis consistently and accurately compiled financial data from supporting accounting offices and other sources for the FY 1999 Other Defense Organizations-General Funds financial statements. Specifically, we evaluated whether the compilation of the financial information was complete and whether the footnotes fully disclosed material discrepancies and additional information relevant to the financial statements. Appendix A discusses the audit scope and methodology. Our review of internal controls was reported in Inspector General, DoD, Report No. D-200O-103, "Internal Controls and Compliance With Laws and Regulations for the FY 1999 Financial Statements of the Other Defense Organizations-General Funds," March 16, 2000.

Download or read book Internal Controls and Compliance with Laws and Regulations for the FY 1997 Financial Statements of Other Defense Organizations written by and published by . This book was released on 1998 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 for FY 1996 and each succeeding year. The DoD Consolidated Financial Statements for FY 1997 include financial statements for a reporting entity entitled "Other Defense Organizations." This entity represents a consolidation of financial information from various Defense organizations and funds that use the Treasury Index 97 (Department 97) symbol, including the Military Departments. During FY 1997, the 44 Defense organizations and funds included in Other Defense Organizations received $39.1 billion in direct appropriations, and their financial statements showed total assets of $46.5 billion and liabilities of $222.2 billion. The overall audit objective was to assess internal controls and compliance with laws and regulations used to compile the FY 1997 Financial Statements of Other Defense Organizations. In a subsequent audit report, we will evaluate the process used to compile, adjustment, and prepare footnotes to the financial statements.

Download or read book Personal Services and Benefits Expenses in The FY 1996 Statement of Operations and Changes in Net Position of the Other Defense Organizations written by and published by . This book was released on 1997 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is one in a series of reports that will address payroll related issues and the effect of noncompliant payroll actions on FYs 1996 and 1997 financial statements. The overall audit objective was to assess compliance with laws and regulations applicable to the distribution of civilian payroll and related expenditures in preparation of Defense agencies' FYs 1996 and 1997 financial statements, management controls, and the effect of any noncompliant payroll actions on the FY 1996 financial statement. Specifically, we reviewed the DoD Chief Financial Officers Other Defense Organizations Statement of Operations and Changes in Net Position for the year ended September 30, 1996, to determine whether the payroll and related expenditures data that the DFAS Indianapolis Center reported on the financial statement were consistent with the data that the Defense agencies reported to the DFAS Indianapolis Center. We did not review the DFAS Indianapolis Center management controls as they applied to the audit objectives; however, a review of the management controls was conducted as part of Inspector General, DoD, Report No. 97-155, "Internal Controls and Compliance with Laws and Regulations for the FY 1996 Financial Statements of the Other Defense Organizations' Receiving Department 97 Appropriations, June 11, 1997.

Download or read book Internal Controls and Compliance With Laws and Regulations for the FY 1996 Financial Statements of the Other Defense Organizations Receiving Department 97 Appropriations written by and published by . This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall audit objective was to assess internal controls and compliance with laws and regulations and to review and evaluate the adjustments to the FY 1996 "Other Defense Organizations" financial statements. Our audit of the "Other Defense Organizations" principal financial statements was delayed until January 9, 1997, because of difficulties that the Defense Finance and Accounting Services Indianapolis Center had in completing adjustments to the consolidated "Other Defense Organizations" principal financial statements. We received the final version of the "Other Defense Organizations" principal financial statements on February 11, 1997. Consequently, we were unable to complete our review of the final adjustments for inclusion in this audit report. A subsequent report will address the adjustments.

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 Defense Finance and Accounting Service Work on the Navy General Fund 1996 Financial Statements written by and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our audit focused on the Defense Finance and Accounting Service Kansas City Center, which compiled financial information and prepared both budgetary reports and internal financial statements for the Marine Corps, and on the Defense Finance and Accounting Service Cleveland Center, which consolidated the financial information for Navy and Marine Corps and compiled the financial statements for the Department of the Navy. The Navy financial statements reported assets of $453.4 billion, liabilities of $13.3 billion, total revenues of $63.2 billion, and expenses of $63.3 billion for the fiscal year ended September 30, 1996. The Naval Audit Service was unable to render an opinion on the Statement of Financial Position because of inadequate financial systems and incomplete and unauditable supporting records. We concurred with the Naval Audit Service. (For details, see "Department of the Navy Fiscal Year 1996 Annual Financial Report: Report on Auditor's Opinion," March 1, 1997.) The overall audit objective was to determine whether the Defense Finance and Accounting Service (DFAS) Cleveland and Kansas City Centers consistently and accurately compiled financial data from field activities and other sources for the FY 1996 Navy General Fund and Navy Defense Business Operations Fund financial statements. We did not review the compilation of the Navy Defense Business Operations Fund financial statements because the final version of the statements was not issued by the Department of the Navy and DFAS Cleveland Center in time to perform the audit field work. In addition, we planned to determine whether FY 1996 ending balances were supportable for use as beginning balances for FY 1997.

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 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Payroll Expenses Reported in FY 1996 for the Office of the Secretary of Defense written by and published by . This book was released on 1998 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report addresses payroll-related issues, to include the effect of non compliant payroll actions on FYs 1996 and 1997 financial statements. The overall audit objective was to evaluate management controls applicable to the distribution of civilian payroll and related expenditures in the preparation of the Defense agencies' FY 1996 financial statements. We also reviewed the effect of non compliant payroll actions on the FYs 1996 and 1997 financial statements. Specifically, we reviewed accounting records and source documents for payroll and related expenditures to determine whether the payroll expenses submitted by the Washington Headquarters Service to DFAS Indianapolis Center on behalf of the OSD were valid. We also assessed the Washington Headquarters Service management control program as it relates to the overall objective. The DoD Other Defense Organizations Statement of Operations and Changes in Net Position for the year ended September 30,1996, included $145.4 million of payroll expenses for the OSD; however, this amount could not be traced to source records. As a result, the operating expense portion of the DoD other Defense Organizations Statement of Operations and Changes in Net Position could not be relied upon to accurately present payroll expenses for FY 1996.