FINANCIAL AUDIT Air Force Does Not Effectively Account for Billions of Dollars of Resources part2 doc

... !l!)O ._ _ I~ ,ll_ l___-l_l I __- - __________- FINANCIAL AUDIT Air Force Does Not Effectively Account for Billions of Dollars of Resources This is trial version www.adultpdf.com Contents ... why the accounts were unauditable. The Air Force does not have financial systems that produce reliable financial data. A number of large dollar items-aircr...

Ngày tải lên: 19/06/2014, 13:20

... the Air Force s chief financial officer. The Air Force s financial management structure is decentralized. The Air Force Comptroller is primarily responsible for systems that account for, control, ... network of over 120 Air Force Accounting and Finance Offices and numerous disbursing agent offices. The center is responsible for accounting for all money appropri...

Ngày tải lên: 19/06/2014, 13:20

... overstatements of revenues and expenses at the Air Force consolidated level, distorting the results of Air Force operations for the year. Page 27 GAO/AFMD-90-23 Air Force Financial Audit This ... the Air Force acquires a new piece of equipment, or DLA or GSA changes its price for the kinds of equipment items owned by the Air Force, the Air Force...

Ngày tải lên: 19/06/2014, 13:20

... found that 71 of the 202 obligations we tested were not recorded within the 7 days. Expenditures: Neither the Air Force Systems Command nor the Air Force had criteria for the number of days it ... specific organizational levels within the Air Force. In many cases, these weaknesses resulted from noncompliance with Air Force regulations. The Air Force is not al...

Ngày tải lên: 19/06/2014, 13:20

... However, the Air Force has no systems to accurately account for billions of dollars invested in aircraft, missiles, and engines. Furthermore, Air Force accounting systems cannot produce the ... reconciliations of disburse- ments with obligation balances.) Value of Aircraft and The Air Force systems do not accumulate, account for, and report the Missiles Is...

Ngày tải lên: 19/06/2014, 13:20

... the Air Force has not effectively implemented its inventory valuation methodology. Change in Cost While the Air Force s use of replacement cost valuation in its cost Accounting System Is accounting ... found that Air Force inventory values often did not represent replace- ment costs as outlined in Air Force policy. Only 47 of the 113 items were priced in accor...

Ngày tải lên: 19/06/2014, 13:20

... statement of operations for the fiscal year then ended. These financial statements are the responsibility of Air Force management. GAO is not expressing an opinion on the Air Force s financial ... an Air Force- wide priority effort, supported by adequate resources; l direct the chief financial officer to develop a comprehensive plan for improving and integratin...

Ngày tải lên: 19/06/2014, 13:20

... Flnanclal Statements of the U.S. Air Force for the Fiscal Year Ending September 30,1988 fuels provided for Air Force aircraft. The following amounts of disbursements of Air Force funds were made ... statement of financial position. Page 81 GAO/AFMD-BO-23AirForceFinancialAudit This is trial version www.adultpdf.com Appendix I ComwMated Financial Statements o...

Ngày tải lên: 19/06/2014, 13:20

... Royal Air Force Lakenheath, England; . Hickam Air Force Base, Hawaii; . Kadena Air Base, Japan; l Andrews Air Force Base, Maryland; . Air Force District of Washington, Bolling Air Force ... Wurtsmith Air Force Base, Michigan; . Nellis Air Force Base, Nevada; l MacDill Air Force Base, Florida; l Langley Air Force Base, Virginia; l Griffiss...

Ngày tải lên: 19/06/2014, 13:20

... following are GAO’S comments on the Department of Defense’s letter dated February 21,199O. Force Does Not Effectively Account for Billions of Dollars of Resources. 2. We have modified the report ... to provide for such improvement and integration. 0 Recommendation No. 25: The GAO recommended that the Secretary of the Air Force review the systems requireme...

Ngày tải lên: 19/06/2014, 13:20