Defense Finance and Accounting Service Work on the Air Force FY 1994 Finance Statements

Abstract

The overall objective of the audit was to determine whether the DFAS Denver Center prepared fair, complete, accurate, and reliable FY 1994 financial statements for the Air Force. We revised our stated audit objective to more clearly reflect the scope of work performed. We provided the results of our evaluation to AFAA for use in formulating its opinion on the Air Force financial statements. AFAA issued disclaimers of opinion on the financial statements because the accounting systems were unable to provide accurate account balances. Because of AFAA's opinions and our knowledge of the condition of the systems, we limited our review to the Statement of Financial Position and Statement of Operations. As part of the audit, we reviewed and tested the methods that the DFAS Denver Center used to consolidate and prepare the Air Force financial statements. We also evaluated the DFAS Denver Center's compliance with existing laws and regulations and with the internal management control program as it applied to the audit objectives.

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Document Details

Document Type
Technical Report
Publication Date
Jun 29, 1995
Accession Number
ADA372090

Entities

People

  • David C. Funk
  • Harold J. Simmons
  • Jewell F. Levy
  • Russell A. Rau
  • Thomas J. Winter

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accountability
  • Accounting
  • Air Force
  • Air Force Personnel
  • Computer Programs
  • Computers
  • Data Processing
  • Data Processing Equipment
  • Data Sets
  • Databases
  • Department Of Defense
  • Finance
  • Financial Management
  • National Security
  • Navy
  • Personnel Management
  • Processing Equipment

Fields of Study

  • Business

Readers

  • Defense Financial Management and Audit.