Presentation of Accrued Annual Leave in the FY 1996 Defense Agency Financial Statements of the Defense Business Operations Fund
Abstract
The overall audit objective was to determine whether the liability accounts on the FY 1996 Defense Business Operations Fund consolidated financial statements are presented fairly in accordance with other comprehensive basis of accounting described in Office of Management and Budget Bulletin No. 94-01, "Form and Content of Agency Financial Statements," November 16, 1993, or subsequent issuances. We also assessed internal controls and compliance with laws and regulations. As part of that objective, we evaluated how the Defense agencies presented the accrued leave account on the FYs 1994,1995, and 1996 Statements of Financial Position. Specifically, this report discusses inconsistencies in the presentation of accrued civilian annual leave on the FYs 1994 and 1995 financial statements and related disclosures and the probability of incorrect presentation of accrued civilian annual leave on the FY 1996 financial statements.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 30, 1997
- Accession Number
- ADA368968
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense