Internal Controls and Compliance with Laws and Regulations for the Defense Logistics Agency Working Capital Fund Financial Statements for FY 1999
Abstract
Public Law 101-576, the "Chief Financial Officers Act of 1990," as amended by Public Law 103-356, the "Federal Financial Management Act of 1994," requires financial statement audits by the Inspector General, DoD, and prescribes the responsibilities of management and the auditors with regard to financial statements, internal controls, and compliance with laws and regulations. The Defense Logistics Agency (DLA) and the Defense Finance and Accounting Service (DFAS) are responsible for establishing and maintaining adequate internal controls and for complying with laws and regulations applicable to DLA financial accounting and reporting. Our responsibility is to render an opinion on the financial statements based on our work, and to determine whether internal controls were adequate and whether management complied with applicable laws and regulations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 29, 2000
- Accession Number
- ADA378840
Entities
People
- F. J. Lane
- James L. Kornides
- Mark Starinsky
- Salvatore D. Guli
- Stuart D. Dunnett
Organizations
- Office of the Inspector General, U.S. Department of Defense