Compiling and Reporting FY 1999 Navy General Fund Intragovernmental Transactions

Abstract

Public Law 101-576, the "Chief Financial Officers Act of 1990", November 15, 1990, as amended by Public Law 103-356, the "Federal Financial Management Act of 1994," October 13, 1994, requires DoD and other Government agencies to prepare annual audited financial statements. This is the third in a series of reports related to the FY 1999 Department of the Navy (Navy) General Fund financial statements. For FY 1999, the Navy reported $125.8 billion in assets, $54.4 billion in liabilities, $83.9 billion in budget authority, and $8.1 billion in intragovernmental transactions. Intragovernmental transactions are transactions that occur within and among general fund organizations, DoD, and the Federal Government. Intragovernmental transactions should be disclosed or eliminated, as appropriate, when an entity prepares consolidated financial statements.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Jun 12, 2000
Accession Number
ADA378795

Entities

People

  • Brian M. Flynn
  • F. J. Lane
  • Hoa H. Pham
  • Marvin L. Peek
  • Salvatore D. Guli

Organizations

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

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Commerce
  • Control Systems
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • Information Exchange
  • International Relations
  • Law
  • Marine Corps
  • Money
  • National Governments
  • Navy
  • Standards
  • United States Government

Readers

  • Government and Public Administration Law.
  • Public Financial Management and Budgeting