Defense Health Program Financial Reporting of General Property, Plant, and Equipment
Abstract
We performed this audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires DoD to prepare annual audited financial statements. The DoD Agency Wide financial statements include financial statements for a reporting entity called "Other Defense Organizations," a consolidation of financial information from various Defense organizations and funds, including the Defense Health Program. The Defense Health Program is a DoD appropriation account. The Tricare Management Activity distributes Defense Health Program funds to the Military Departments and itself. The Defense Health Program funds the operations of the Military Departments' medical treatment facilities, the development of DoD medical systems software, and congressionally directed research and development. The Military Departments and Tricare Management Activity are responsible for reporting accurate and complete accounting information on the execution of the Defense Health Program to the Defense Finance and Accounting Service. The FY 1999 financial statements for Other Defense Organizations reported total assets of $44 billion, which included $6.7 billion of general property, plant, and equipment. Of the $6.7 billion, $1.4 billion was for Defense Health Program general property, plant, and equipment. General property, plant, and equipment are property that DoD uses to provide goods and services or to support the entity's mission. Computer hardware and software and medical equipment at medical treatment facilities are examples of general property, plant, and equipment.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 22, 2000
- Accession Number
- ADA377857
Entities
People
- Charles J. Richardson
- Dora Y. Lee
- F. J. Lane
- Ronald W. Hodges
- Salvatore D. Guli
Organizations
- Office of the Inspector General, U.S. Department of Defense