Download or read book Internal Controls and Compliance With Laws and Regulations for the Defense Logistics Agency Working Capital Fund Financial Statements for FY 1998 written by and published by . This book was released on 1999 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Law 101-576, the "Chief Financial Officers Act of 1990," as amended by Public Law 103-356, the "Federal Financial Management Act of 1994," requires financial statement audits by the Inspector General, DoD, and prescribes the responsibilities of management and the auditors with regard to financial statements, internal controls, and compliance with laws and regulations. The Defense Logistics Agency (DLA) and the Defense Finance and Accounting Service (DFAS) are responsible for establishing and maintaining adequate internal controls and for complying with laws and regulations applicable to DLA financial accounting and reporting. Our responsibility is to render an opinion on the financial statements based on our work, and to determine whether internal controls were adequate and whether management complied with applicable laws and regulations. The overall objective of our audit was to determine whether the DLA Working Capital Fund Financial Statements for FY 1998 were presented fairly and in accordance with Office of Management and Budget Bulletin No. 97-01, "Form and Content of Agency Financial Statements," October 16, 1996, as amended on November 20, 1998. We also performed tests of internal controls and compliance with laws and regulations.
Download or read book Internal Controls and Compliance with Laws and Regulations for the DoD Agency Wide Financial Statements for FY 1998 written by and published by . This book was released on 1999 with total page 0 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 DoD to prepare annual audited financial statements. This is the first in a series of reports related to the DoD Agency-wide Financial Statements for FY 1998. The DoD Agency-wide Financial Statements for FY 1998 are compiled from the financial statements of the DoD reporting entities: the Army, Navy, and Air Force General Funds; the Army, Navy, Air Force, Defense Logistics Agency, and Defense Finance and Accounting Service Working Capital Funds; the Military Retirement Trust Fund; the U.S. Army Corps of Engineers, Civil Works Program; and financial data for the Other Defense Organizations General Fund and Working Capital Fund. In FY 1998, the DoD Components reported total assets of $606 billion, total liabilities of $976 billion, total net costs of operations of $260 billion, and total budgetary resources of $606 billion. We used data reported on the DoD Component financial statements for FY 1998 for our overall audit conclusions. The reported assets of DoD did not include approximately $618 billion of assets identified as National Defense Property, Plant, and Equipment. National Defense Property, Plant, and Equipment assets were included as supplementary stewardship information in the financial statements.
Download or read book Internal Controls and Compliance with Laws and Regulations for the Defense Logistics Agency Working Capital Fund Financial Statements for FY 1999 written by and published by . This book was released on 2000 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Law 101-576, the "Chief Financial Officers Act of 1990," as amended by Public Law 103-356, the "Federal Financial Management Act of 1994," requires financial statement audits by the Inspector General, DoD, and prescribes the responsibilities of management and the auditors with regard to financial statements, internal controls, and compliance with laws and regulations. The Defense Logistics Agency (DLA) and the Defense Finance and Accounting Service (DFAS) are responsible for establishing and maintaining adequate internal controls and for complying with laws and regulations applicable to DLA financial accounting and reporting. Our responsibility is to render an opinion on the financial statements based on our work, and to determine whether internal controls were adequate and whether management complied with applicable laws and regulations.
Download or read book Inspector General United States Department of Defense Semiannual Report to the Congress April 1 1998 September 30 1998 written by and published by DIANE Publishing. This book was released on with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Controls and Compliance With Laws and Regulations for the Defense Finance and Accounting Service Working Capital Fund Financial Statements for FY 1998 written by and published by . This book was released on 1999 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chief Financial Officers Act of 1990, as amended by the Government Management Reform Act of 1994, requires financial statement audits by the Inspectors General and prescribes the responsibilities of management and auditors for financial statements, internal controls, and compliance with laws and regulations. The Director, Defense Finance and Accounting Service (DFAS), who is the fund manager of the DFAS Working Capital Fund, is responsible for establishing and maintaining adequate internal controls and for complying with applicable laws and regulations. Our responsibility is to render an opinion on the financial statements and to determine whether internal controls were adequate and whether management complied with applicable laws and regulations. Before FY 1992, DoD operated a significant number of commercial and industrial facilities under a revolving find concept. In FY 1992, the revolving finds were consolidated to form the Defense Business Operations Fund. In December 1996, the Under Secretary of Defense (Comptroller) restructured the Defense Business Operations Fund into separate working capital finds. The DFAS Working Capital Fund provides funding for centralized finance and accounting services and systems support for all DoD Components. In FY 1998, the DFAS Working Capital Fund reported assets of $662.9 million, liabilities of $518.6 million, and revenue of $1.7 billion. The overall objective of our audit was to determine whether the DFAS Working Capital Fund Financial Statements for FY 1998 were presented fairly and in accordance with Office and Management and Budget Bulletin No. 97-01, CCForm and Content of Agency Financial Statements," October 16, 1996, as amended on November 20, 1998. We determined whether internal controls were adequate to ensure that the DFAS Working Capital Fund financial statements were free of material error.
Download or read book Internal Controls and Compliance with Laws and Regulations for the FY 1997 Financial Statements of the Defense Logistics Agency Working Capital Fund 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 L nergie nationale written by and published by . This book was released on 1966 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Controls and Compliance with Laws and Regulations for the DOD Agency Wide Financial Statements for FY 2000 written by and published by . This book was released on 2001 with total page 66 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 DoD to prepare annual audited financial statements. This is the first in a series of reports related to the DoD Agency-Wide financial statements for FY 2000. The DoD Agency-Wide financial statements for FY 2000 were compiled from the financial statements of the DoD reporting entities: the Army, Navy, and Air Force General Funds; the Army, Navy, and Air Force Working Capital Funds; the Military Retirement Fund; the U.S. Army Corps of Engineers, Civil Works Program; and financial data for the Other Defense Organizations-General Funds and Working Capital Funds. In FY 2000, the DoD Components reported total assets of $616.7 billion, total liabilities of $1.0 trillion, total net costs of operations of $347.5 billion, and total budgetary resources of $656.1 billion.
Download or read book Internal Controls and Compliance with Laws and Regulations for the FY 1998 Financial Statements of 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: 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 FY 1998 DoD Agency-wide financial statements 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, including the Military Departments, which use the Treasury Index 97 symbol, also referred to as Department 97. During FY 1998, the Defense organizations and funds included in the Other Defense Organizations entity received $54.1 billion in direct appropriations
Download or read book Defense Logistics Agency FY 1998 Property Plant and Equipment Financial Reporting written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall objective of our audit was to determine whether the Defense Logistics Agency Working Capital Fund Financial Statements for FY 1998 were prepared in accordance with Office of Management and Budget Bulletin No. 97-01, "Form and Content of Agency Financial Statements," October 16, 1996, as amended November 29, 1998. To support our audit of the Defense Logistics Agency financial statements, we focused this part of the audit on property, plant, and equipment reporting by the Defense Logistics Agency
Download or read book Defense Logistics Agency General Fund Equipment Account written by and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is one in a series of reports on our assessment of the internal controls and the compliance of the Defense Logistics Agency (DLA) and the Defense Finance and Accounting Service (DFAS) with laws and regulations relating to financial management at DLA (Project No. 6LA-2005). The Chief Financial Officers Act of 1990 (Public Law 101-576) established requirements for Federal organizations to submit audited financial statements to the Director, Office of Management and Budget. The Government Management Reform Act of 1994 (Public Law 103-356) required DoD and other Government agencies to prepare consolidated financial statements for FY 1996 and each succeeding year. The consolidated DoD financial statements for FY 1996 will include the financial statements for the DLA. For FY 1995, the Department of the Treasury required the DoD to prepare and submit adjusted trial balances. The consolidated DoD adjusted trial balances for FY 1995 included the adjusted trial balances for the DLA General Fund. This report discusses the DLA General Fund Equipment account, We have issued a final report on the general fund trial balance (Report No. 97-024) and a draft report on the preparation of the general fund financial statements. DLA reported total general fund assets valued at $1,807 million and general fund equipment valued at $411 million (22.7 percent) for yearend FY 1995, which becomes the beginning balance for FY 1996.
Download or read book Supplementary Stewardship Reporting written by United States. Federal Accounting Standards Advisory Board and published by . This book was released on 1996 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Selected Assets and Liabilities written by United States. Federal Accounting Standards Advisory Board and published by . This book was released on 1993 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inspector General DOD Oversight of the Air Force Audit Agency Audit of the FY 2000 Air Force Working Capital Fund Financial Statements written by and published by . This book was released on 2001 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our objective was to oversee the Air Force Audit Agency to determine whether we can rely on the audit conducted by AFAA, as required by Government auditing standards. Public Law 101-576, the "Chief Financial Officers Act of 1990," November 15, 1990, as amended by Public Law 103-356, the "Federal Financial Management Act of 1994," October 13, 1994, requires DoD to prepare annual audited Air Force Working Capital Fund financial statements. Office of Management and Budget Bulletin No. 01-02, "Audit Requirements for Federal Financial Statements, dated October 16, 2000, establishes the minimum requirements for audits of these financial statements. This Bulletin requires the Inspector General, DoD, to express an opinion on the DoD financial statements and to report on the adequacy of internal controls and compliance with laws and regulations. We delegated the audit of the FY 2000 Department of the Air Force Working Capital Fund financial statements to the Air Force Audit Agency (AFAA). This report is the first in a series of reports and discusses the work performed on the oversight of the Air Force Audit Agency audit of the FY 2000 Department of the Air Force Working Capital Fund financial statements.
Download or read book Automated Systems Used to Prepare the Defense Logistics Agency Working Capital Fund Financial Statements written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall objective of the audit was to determine whether DLA and the Defense Finance and Accounting Service Columbus Center, Columbus, Ohio, adequately identified and evaluated key automated systems to determine whether they provide complete and reliable information to prepare the FY 1999 DLA Working Capital Fund financial statements. We also evaluated applicable management controls.
Download or read book Inspector General United States Department of Defense Semiannual Report to the Congress October 1 1998 March 31 1999 written by and published by DIANE Publishing. This book was released on with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inspector General United States Department of Defense Semiannual Report to the Congress October 1 1999 through March 31 2000 written by and published by DIANE Publishing. This book was released on with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
