An Analysis of the Financial Inventory Reporting Structure.

Abstract

This thesis presents a detailed analysis of the Financial Inventory Reporting Structure currently in use by Navy for stores account material in light of the problems uncovered by the Naval Audit Service in their report dated January 1979. The existing structure is described and analyzed at both the stock point and the central accounts level maintained by the Navy Regional Finance Center, Washington, D.C. In addition, the effects of the structure on inventory management are explored and discussed. The Thesis identifies and isolates the level of detail required for the system to fulfill both external reporting and internal management control requirements. This analysis is conducted through a detailed exploration of the stated objectives of the system. Results of this analysis identify an ability to significantly reduce the system's complexity. Finally, a proposal for system modification is presented which could enable Navy to continue to fulfill its objectives with a significantly less complex system structure.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1982
Accession Number
ADA126618

Entities

People

  • Jack E. Shick

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • C4I
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Business Administration
  • California
  • Contracts
  • Control Systems
  • Department Of Defense
  • Finance
  • Government (Foreign)
  • Information Processing
  • Inventory
  • Law
  • Materials
  • Money
  • Navy
  • Procurement
  • United States Naval Academy

Readers

  • Defense Financial Management and Audit.
  • Logistics and Supply Chain Management.
  • Systems Analysis and Design