Financial Management at the Department of Defense Education Activity.
Abstract
The DoD Education Activity (DoDEA) consists of two primary components, the DoD Dependents Schools (DoDDS) and the Domestic Dependent Elementary and Secondary Schools (DDESS). DoDEA, with a FY 1996 operating budget of over $1.3 billion, is responsible for the effective management of DoDDS and DDESS. The Chief Financial Officers Act (Public Law 103-356) requires DoD to provide consolidated financial statements for FY 1996 to the Office of Management and Budget. DoD consolidated financial statements will include the financial statements for DoDEA. An adequate system of funds control is a prerequisite for auditable and reliable financial information. This is one in a series of reports on financial management at DoDEA. Other prior reports covered potential Antideficiency Act violations at DDESS and DoDDS and property accountability. Audit Objective. The audit objective was to assess financial management controls and compliance with laws and regulations to support our audit of the DoD-wide financial statements required by the Federal Financial Management Act of 1994. The specific audit objective was to assess internal controls and compliance with laws and regulations relating to funds control. We tested accounting transactions to validate the effectiveness of accounting controls.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 17, 1997
- Accession Number
- ADA369499
Entities
People
- John A. Gannon
- Joseph A. Powell
- Kristene Mcminn
- Shelton R. Young
- Walter R. Loder
Organizations
- Office of the Inspector General, U.S. Department of Defense