Stewardship Reporting in the DOD Agency-Wide Financial Statements for FY 1998

Abstract

Our objective was to determine whether National Defense property, plant, and equipment; heritage assets, stewardship land, and stewardship investments were presented on the financial statements accurately and in accordance with generally accepted accounting standards for Federal agencies. We also planned to assess management controls, compliance with laws and regulations, and performance indicators related to the financial statements. For this report, we performed oversight of the Military Department audit agencies' work on National Defense property, plant, and equipment and performed work in the areas of heritage assets and stewardship land. Because of uncertainty associated with the reporting requirements of the Statement of Federal Financial Accounting Standards and the Office of Management and Budget reduction of audit requirements, we revised our audit scope and objective to a review of heritage assets and stewardship land reporting and database accuracy.

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Document Details

Document Type
Technical Report
Publication Date
Jul 09, 1999
Accession Number
ADA366279

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Accuracy
  • Acquisition
  • Air Force
  • Civilian Personnel
  • Congress
  • Department Of Defense
  • Financial Management
  • Governments
  • Law
  • Marine Corps
  • National Governments
  • National Security
  • Navy
  • Physical Properties
  • Standards
  • United States Government

Readers

  • Defense Financial Management and Audit.