Independent Auditors Report on the Examination of Existence, Completeness, and Rights of United States Air Force Operating Materials and Supplies-Ammunition and Tactical Missiles
Abstract
We examined managements assertion of audit readiness1 for the existence, completeness, and rights of the Air Forces munitions2 assets that were in the possession of the Air Force3as of June 30, 2014. W e focused on the universe provided by Air Force f rom the accountable property system of record, Combat Ammunition System (CAS); however, we did not determine whether the CAS universe reconciled to the general ledger. Air Force management is responsible for its assertion of audit readiness. Our responsibility is to express an opinion on the assertion based on our examination. We conducted this examination in accordance with attestation standards established by the American Institute of Certified Public Accountants and with generally accepted government auditing standards. Those standards require examining, on a test basis, evidence supporting Air Forces assertion of audit readiness of the existence, completeness, and rights of its munition assets in Air Force possession and performing other procedures we considered necessary. We believe our examination provides a reasonable basis for our opinion on managements assertion.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 21, 2015
- Accession Number
- AD1001812
Entities
Organizations
- United States Department of Defense