Department of Defense status of financial management weaknesses and actions needed to correct continuing challenges

Department of Defense status of financial management weaknesses and actions needed to correct continuing challenges PDF Author:
Publisher: DIANE Publishing
ISBN: 1428973788
Category :
Languages : en
Pages : 44

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Department of Defense status of financial management weaknesses and actions needed to correct continuing challenges

Department of Defense status of financial management weaknesses and actions needed to correct continuing challenges PDF Author:
Publisher: DIANE Publishing
ISBN: 1428973788
Category :
Languages : en
Pages : 44

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Department of Defense implications of financial management issues

Department of Defense implications of financial management issues PDF Author:
Publisher: DIANE Publishing
ISBN: 1428970916
Category :
Languages : en
Pages : 34

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Book Description
As an integral part of an effective budget execution system, an agency is responsible for determining and maintaining its available fund balance. Treasury also has information about activity in the agency's accounts, and Treasury's and the agency's records must be periodically reconciled to determine the actual amount of funds available. This is analogous to reconciling one's personal checking account with the monthly bank statement. DOD weaknesses in accounting for its funds include (1) the inability to reconcile its balances to Treasury's, (2) frequent adjustments of recorded payments from one appropriation to another appropriation account, including to canceled appropriations, (3) problem disbursements-disbursements that are not properly matched to specific obligations recorded in the department's records, and (4) obligated balances that are incorrect or unsupported. As a result of these weaknesses, auditors have been unable to verify DOD's Fund Balance With Treasury and its major components -obligate and unobligated balances. This means that DOD does not know with certainty the amount of funding that is available. This information is essential for DOD and the Congress to be able to determine the status of funds and if unobligated balances are available that could be used to reduce current funding requirements or that could be reprogrammed to meet other critical program needs.

Defense inventory improved management framework needed to guide Air Force best practice initiatives : report to congressional committees

Defense inventory improved management framework needed to guide Air Force best practice initiatives : report to congressional committees PDF Author:
Publisher: DIANE Publishing
ISBN: 1428973710
Category :
Languages : en
Pages : 30

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Indexes for Abstracts of Reports and Testimony

Indexes for Abstracts of Reports and Testimony PDF Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 368

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Abstracts of Reports and Testimony

Abstracts of Reports and Testimony PDF Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 424

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Air Force inventory : parts shortages are impacting operations and maintenance effectiveness : report to congressional committees

Air Force inventory : parts shortages are impacting operations and maintenance effectiveness : report to congressional committees PDF Author:
Publisher: DIANE Publishing
ISBN: 1428946349
Category :
Languages : en
Pages : 36

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Defense budget DOD should further improve visibility and accountability of O&M fund movements : report to the Chairman, Subcommittee on Defense, Committee on Appropriations, House of Representatives

Defense budget DOD should further improve visibility and accountability of O&M fund movements : report to the Chairman, Subcommittee on Defense, Committee on Appropriations, House of Representatives PDF Author:
Publisher: DIANE Publishing
ISBN: 1428970770
Category :
Languages : en
Pages : 101

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DOD's Efforts to Improve Payment and Funds Control

DOD's Efforts to Improve Payment and Funds Control PDF Author: United States. Congress. House. Committee on Armed Services. Panel on Defense Financial Management and Auditability Reform
Publisher:
ISBN:
Category : History
Languages : en
Pages : 108

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Department of Defense

Department of Defense PDF Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984917454
Category :
Languages : en
Pages : 44

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T-AIMD/NSIAD-99-171 Department of Defense: Status of Financial Management Weaknesses and Actions Needed to Correct Continuing Challenges

Defense budget analysis of real property maintenance and base operations fund movements : report to congressional committees

Defense budget analysis of real property maintenance and base operations fund movements : report to congressional committees PDF Author:
Publisher: DIANE Publishing
ISBN: 1428970789
Category :
Languages : en
Pages : 30

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Book Description