Defense's Accounting For Its Contracts Has Too Many Errors - Standardized Accounting Procedures Are Needed

Abstract

Nonstandard contract accounting procedures used by Defense components cause substantial errors in reporting, recording, and controlling contract financial data, and spending millions of dollars in unnecessary personnel and other costs due to duplication of accounting functions.

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Document Details

Document Type
Technical Report
Publication Date
Jan 09, 1980
Accession Number
AD1155037

Entities

People

  • Fred Wacker

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Human Systems
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Abstracts
  • Accounting
  • Air Force
  • Business Administration
  • Coding
  • Computer Programming
  • Congress
  • Contract Administration
  • Contractors
  • Contracts
  • Control Systems
  • Costs
  • Data Processing
  • Defense Systems
  • Department Of Defense
  • Errors
  • Financial Management
  • Foreign Military Sales
  • Law
  • Logistics
  • Military Standards
  • Procurement
  • Standards
  • United States

Readers

  • Aerospace Test and Evaluation
  • Defense Acquisition Program Management