Consolidating Financial Statements of the Defense Finance and Accounting Service Revolving Fund of the Defense Business Operations Fund-FY 1992.

Abstract

The Chief Financial Officers Act requires an annual audit of funds such as the Defense Finance and Accounting Service (DFAS) Revolving Fund of the Defense Business Operations Fund (the Fund). The revolving Fund was created to provide finance and accounting services to DoD customers, charging them the full cost of those services. The DFAS was established in January 1991, consolidating the six finance and accounting centers of the Military Departments and the Defense Logistics Agency. The DFAS Centers are located in Cleveland, Ohio; Columbus, Ohio; Denver, Colorado; Indianapolis, Indiana; and Kansas City, Missouri. Another, the Washington Center, was closed at the end of FY 1992. At the end of FY 1992, the DFAS had a staff of about 11,000 people. The Fund reported revenues of $651.3 million and an operating surplus of $114.5 million for FY 1992.

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Document Details

Document Type
Technical Report
Publication Date
Jun 11, 1993
Accession Number
ADA376746

Entities

Organizations

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

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Air Force
  • Application Software
  • Corporate Information Management
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • Information Processing
  • Information Systems
  • Law
  • Military Personnel
  • Money
  • Procurement
  • Standards
  • United States

Fields of Study

  • Business

Readers

  • Enterprise Information Systems Architecture and Joint Command Capability Interoperability Support.
  • Environmental Impact Assessment (EIA) of Proposed Air Force Base Actions.
  • International Relations and European Studies