Financial Audit: Air Force's Base-Level Financial Systems do not Provide Reliable Information

Abstract

Over the last several years, GAO has conducted a number of financial audits of major agencies to address concerns about the federal government's deteriorating fiscal condition and ineffective control over financial operations. A full-scale audit of an agency's financial statements provides an understanding of the problems associated with financial management and the required corrective actions. GAO evaluated the Air Force's financial management operations and systems for fiscal year 1988 and 1989 and issued a comprehensive report on the results of the fiscal year 1988 audit, Air Force Does Not Effectively Account For Billions Of Dollars Of Resources(GAO/AFMD-90-23, February 23, 1990). As part of the 1988 and 1989 audits, GAO evaluated selected base-level systems of internal accounting controls at 17 air bases and assessed the accuracy of account balances for those base-level operations. This report details the results of that evaluation for the 2 year period.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1991
Accession Number
ADA234912

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Biomedical
  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Accountability
  • Accounting
  • Accuracy
  • Air Force
  • Air Force Facilities
  • Business Administration
  • Department Of Defense
  • Employment
  • Finance
  • Financial Management
  • Inventory
  • Personnel Management
  • Test And Evaluation
  • Training
  • United States
  • Warfare
  • West Germany

Fields of Study

  • Business

Readers

  • Aerospace logistics and air mobility.
  • Government and Public Administration Law.
  • Public Financial Management and Budgeting