Annual Reviews of User Accounting Controls for the Washington Headquarters Services Allotment Accounting System
Abstract
The purpose of annual accounting system reviews is to determine whether DoD accounting systems are in compliance with accounting principles, standards, and related accounting requirements established by the General Accounting Office, the Office of Management and Budget, the Department of the Treasury, and DoD. The Defense Finance and Accounting Service, which is responsible for the conduct of annual accounting system reviews, requires system users to participate in the reviews because users must establish adequate accounting system controls to ensure the accuracy, completeness, and reliability of their financial statements and other financial reports. In FY 1994, the Washington Headquarters Services Allotment Accounting System (the System) processed financial transactions for 20 DoD users with assets of about $21.5 billion.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 29, 1996
- Accession Number
- ADA371209
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense