Valuation and Presentation of Inactive Inventory on the FY 1997 Defense Logistics Agency Working Capital Fund Financial Statements.

Abstract

The overall objective of our audit was to determine whether the FY 1997 Financial Statements of the DLA Working Capital Fund were presented fairly and in accordance with Office of Management and Budget Bulletin No. 94-O1, "Form and Content of Agency Financial Statements," November 16, 1993, as modified by Office of Management and Budget Bulletin No. 97-01, "Form and Content of Agency Financial Statements," October 16, 1996. For this part of the audit, we reviewed the valuation and presentation of inactive inventory in the financial statements. We did not review the internal control program as it related to the audit objective because it was addressed in our report on internal controls and compliance with laws and regulations.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Aug 27, 1998
Accession Number
ADA367911

Entities

Organizations

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

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Air Force
  • Commerce
  • Department Of Defense
  • Electronic Mail
  • Finance
  • Financial Management
  • Governments
  • Inventory
  • Logistics
  • Military Operations
  • Money
  • National Governments
  • National Security
  • Navy
  • Standards

Fields of Study

  • Business

Readers

  • Defense Financial Management and Audit.