United States General Accounting Office GAO March 1996 Report to Department of Defense Officials_part6 docx

Appendix II Comments From the Department of Defense Now on p. 28. GAO/AIMD-96-7 CFO Act Financial Audits - NavyPage 49 This is trial version www.adultpdf.com Appendix II Comments From the Department of Defense Now on pp. 28-29. GAO/AIMD-96-7 CFO Act Financial Audits - NavyPage 50 This is trial version www.adultpdf.com Appendix II Comments From the Department of Defense GAO/AIMD-96-7 CFO Act Financial Audits - NavyPage 51 This is trial version www.adultpdf.com Appendix II Comments From the Department of Defense Discussed on pp. 30-31. Now on p. 29. GAO/AIMD-96-7 CFO Act Financial Audits - NavyPage 52 This is trial version www.adultpdf.com Appendix II Comments From the Department of Defense The following are GAO’s comments on the Department of Defense letter dated February 9, 1996. GAO Comments 1. We have changed the title of this report to CFO Act Financial Audits: Increased Attention Must Be Given to Preparing Navy’s Financial Reports. 2. The “improvements and progress” listed by DOD represent actions from which envisioned benefits have yet to be achieved. While these actions may lead to improvements in the Navy’s financial management operations, in our view they do not materially affect our finding. 3. OMB, under authority established by the CFO Act, prescribes the form and content of agency financial statements prepared pursuant to that act and GMRA. Therefore, we have modified our recommendation to incorporate the OMB requirements. (918855) GAO/AIMD-96-7 CFO Act Financial Audits - NavyPage 53 This is trial version www.adultpdf.com Ordering Information The first copy of each GAO report and testimony is free. Additional copies are $2 each. Orders should be sent to the following address, accompanied by a check or money order made out to the Superintendent of Documents, when necessary. VISA and MasterCard credit cards are accepted, also. Orders for 100 or more copies to be mailed to a single address are discounted 25 percent. Orders by mail: U.S. General Accounting Office P.O. Box 6015 Gaithersburg, MD 20884-6015 or visit: Room 1100 700 4th St. NW (corner of 4th and G Sts. NW) U.S. General Accounting Office Washington, DC Orders may also be placed by calling (202) 512-6000 or by using fax number (301) 258-4066, or TDD (301) 413-0006. Each day, GAO issues a list of newly available reports and testimony. To receive facsimile copies of the daily list or any list from the past 30 days, please call (202) 512-6000 using a touchtone phone. A recorded menu will provide information on how to obtain these lists. For information on how to access GAO reports on the INTERNET, send an e-mail message with "info" in the body to: info@www.gao.gov PRINTED ON RECYCLED PAPER This is trial version www.adultpdf.com United States General Accounting Office Washington, D.C. 20548-0001 Official Business Penalty for Private Use $300 Address Correction Requested Bulk Rate Postage & Fees Paid GAO Permit No. G100 This is trial version www.adultpdf.com . the Department of Defense The following are GAO s comments on the Department of Defense letter dated February 9, 1996. GAO Comments 1. We have changed the title of this report to CFO Act Financial. version www.adultpdf.com United States General Accounting Office Washington, D.C. 20548-0001 Official Business Penalty for Private Use $300 Address Correction Requested Bulk Rate Postage & Fees Paid GAO Permit. day, GAO issues a list of newly available reports and testimony. To receive facsimile copies of the daily list or any list from the past 30 days, please call (202) 512-6000 using a touchtone