Air National Guard Financial Reports on the National Guard and Reserve Equipment Appropriation.
Abstract
The audit was performed in response to Public Law 101-576, "Chief Financial Officers Act of 1990," and Public Law 103-356, "Federal Financial Management Act of 1994." Public Law 101-576 established requirements for Federal organizations to submit audited financial statements to the Director, Office of Management and Budget. Public Law 103-356 requires DoD and other Government agencies to prepare consolidated financial statements for FY 1996 and each succeeding year. In 1981, Congress established the National Guard and Reserve Equipment Appropriation to provide the equipment needed to maintain the readiness of the National Guard and Reserve units. In FY 1996, the Air National Guard received a total of $260.4 million for National Guard and Reserve Equipment programs, The Defense Finance and Accounting Service Denver Center prepares the financial reports for the Air National Guard by consolidating financial data for the operating budget organizations receiving the National Guard and Reserve Equipment Appropriation for various programs.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 16, 1997
- Accession Number
- ADA368236
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense