Internal Controls and Compliance With Laws and Regulations for the Defense Business Operations Fund Consolidated Financial Statements for FY 1995
Abstract
The objective of the audit was to determine whether the Consolidated Statement of Financial Position and selected accounts on the Statement of Operations of the Defense Business Operations Fund for FY 1995 were presented fairly in accordance with Office of Management and Budget Bulletin No. 94-01, "Form and Content of Agency Financial Statements," November 16, 1993. In addition, we determined whether controls were adequate to ensure that the consolidated financial statements were free of material error. We also assessed compliance with laws and regulations for transactions and events that have a direct and material effect on the financial statements. Additionally, we followed up on conditions noted in previous audits of the Defense Business Operations Fund financial statements.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 26, 1996
- Accession Number
- ADA371415
Entities
People
- David W. Alekson
- Debra E. Alford
- Frederick J. Lane
- John M. Seeba
- Raymond D. Kidd
Organizations
- Office of the Inspector General, U.S. Department of Defense