Financial Reporting for Other Defense Organizations at the Defense Agency Financial Services Accounting Office
Abstract
This report is the first in this series addressing the underlying financial reporting processes that cause abnormal balances on the trial balances of Other Defense Organizations. An account balance is abnormal when the reported balance does not comply with the normal debit or credit balance established in the general ledger chart of accounts. We performed the audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires DoD and other Government agencies to prepare consolidated financial statements. The DoD Agency-Wide financial statements include a reporting entity entitled "Other Defense Organizations-General Funds." This entity represents a consolidation of financial information from various Defense organizations and funds that use the Treasury Index 97 symbol. The Defense Agency Financial Services accounting office at the Defense Finance and Accounting Service Center Indianapolis (Sustaining Forces) provides accounting support for 18 of these Defense organizations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 09, 2001
- Accession Number
- ADA387251
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense