Compilation of the FY 1999 Department of the Navy Working Capital Fund Financial Statements

Abstract

The overall audit objective was to determine whether the Defense Finance and Accounting Service (DFAS) Cleveland Center consistently and accurately compiled and consolidated financial data received from Navy field organizations and other sources to prepare the FY 1999 Navy Working Capital Fund financial statements. We also reviewed procedures for reconciling the inventory general ledger accounts to supporting records and classifying inventory and processes and procedures for recording accounting entries to adjust accounting data provided by the field organizations. In addition, we reviewed management controls and compliance with laws and regulations as they related to the audit objective. See Appendix A for a discussion of the audit process and the DFAS Cleveland Center management control program.

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Document Details

Document Type
Technical Report
Publication Date
Jun 07, 2000
Accession Number
ADA378400

Entities

Organizations

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

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accountability
  • Accounting
  • Air Force
  • Commerce
  • Data Processing
  • Databases
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • Information Exchange
  • International Relations
  • Inventory
  • Inventory Control
  • Money
  • National Security
  • Standards

Fields of Study

  • Business

Readers

  • Defense Financial Management and Audit.