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Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720620693
Category :
Languages : en
Pages : 34
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Book Description
Foreign Military Sales: Air Force Controls Over the FMS Program Need Improvement
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720620693
Category :
Languages : en
Pages : 34
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Book Description
Foreign Military Sales: Air Force Controls Over the FMS Program Need Improvement
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 15
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Book Description
The Arms Export Control Act gives the President authority to sell defense articles and services to eligible foreign countries, generally at no cost to the U.S. government. While the Defense Security Cooperation Agency (DSCA) has overall responsibility for administering the FMS program, the Army, Navy, and Air Force generally execute the sales agreements-commonly referred to as sales cases. Foreign military sales are made on an individual case basis. A foreign country representative initiates a case by sending a letter of request to DOD asking for information, such as the price and availability of goods, training, technical assistance, follow-on support, or other services. Once the customer decides to proceed with the purchase, DOD prepares a Letter of Offer and Acceptance (LOA) stating the terms of the sale for the items and services being provided. After the LOA is accepted, the FMS customer is generally required to pay, in advance, amounts necessary to cover costs associated with the services or items purchased from DOD. The Department of the Treasury holds these advance payments in an FMS trust fund.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 14
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Book Description
The Air Force lacked adequate management controls over its foreign military sales (FMS) program to ensure that foreign customers' accounts were properly charged for goods and services. GAO's analysis of data maintained by the Defense Finance and Accounting Service indicates that the Air Force may not have charged foreign military sales customers for as much as $540 million worth of delivered goods and services. The Air Force recognizes that it must improve its controls over the program and develop the data needed to identify instances in which foreign customers' accounts have not been charged for goods and services received. However, according to Air Force officials, the data are going to be made available only on an ad hoc basis, meaning that they will not be routinely available to the appropriate personnel for review, including managers, with the requirement that they use the information to ensure that customers' accounts are being properly charged.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Arms transfers
Languages : en
Pages : 20
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Arms transfers
Languages : en
Pages : 20
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Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428974113
Category :
Languages : en
Pages : 33
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Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428974121
Category :
Languages : en
Pages : 44
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 9
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Book Description
Pursuant to a congressional request, GAO reviewed Department of Defense (DOD) efforts to correct long-standing accounting problems in its Foreign Military Sales (FMS) Program. GAO found that, since March 1988, DOD has: (1) terminated the current central FMS accounting system development effort, citing its excessive costs, schedule delays, and unsatisfactory testing results; (2) transferred responsibility for central FMS accounting from the Defense Security Assistance Agency (DSAA) to the Air Force for development, implementation, and operation of a new system; (3) directed the establishment of a new FMS trust fund by October 1989; (4) directed DSAA to reconcile balances in both the existing and new FMS trust funds; and (5) not clarified the role of the Reconciliation and Case Closure Board in this reorganized effort. GAO believes that, to improve FMS accounting controls and effectively implement its latest initiatives, DOD needs to implement accounting controls to ensure that: (1) the old and new trust funds do not become commingled; (2) military departments transmit and record accurate and complete data in the central FMS system; and (3) central records contain sufficient information to facilitate precise identification and timely resolution of imbalances.
Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781978422889
Category :
Languages : en
Pages : 24
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Book Description
Foreign Military Sales: Improved Air Force Controls Could Prevent Unauthorized Shipments of Classified and Controlled Spare Parts to Foreign Countries
Author: Anne-Marie Lasowski
Publisher: DIANE Publishing
ISBN: 1437918360
Category :
Languages : en
Pages : 39
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Book Description
In FY 2008, the Foreign Military Sales (FMS) program sold over $36 billion dollars in defense articles and services to foreign governments. The Depts. of State, DoD, and Homeland Security (DHS) all have a role in the FMS program. In 2003, significant weaknesses were identified in FMS control mechanisms for safeguarding defense articles transferred to foreign governments. The protection of technologies critical to U.S. national security is a high-risk area. This report: (1) evaluates program changes made since 2003 to ensure that unclassified defense articles transferred to foreign governments are authorized for shipment and monitored; and (2) determine what info. DoD has to administer and oversee the FMS program. Charts and tables.
