Inspector General, DOD, Oversight of the Naval Audit Service Audit of the FY 2000 Department of the Navy General Fund Financial Statements
Abstract
Public Law 101-576, the the "Chief Financial Officers Act of 1990,lo November 15, 1990, as amended by Public Law 103-356, the "Federal Financial Management Act of 1994," October 13, 1994, requires DoD to prepare annual audited Department of the Navy General Fund financial statements. Office of Management and Budget Bulletin No. 01-02, "Audit Requirements for Federal Financial Statements," October 16, 2000, establishes the minimum requirements for these financial statements. This Bulletin requires the Inspector General, DoD, to express an opinion on the DoD financial statements and to report on the adequacy of internal controls and compliance with laws and regulations. We delegated the audit of the FY 2000 Department of the Navy General Fund financial statements to the Naval Audit Service. This is the third in a series of reports on our audit of the FY 2000 Department of the Navy General Fund financial statements. This report provides the results of our oversight of the Naval Audit Service work. Our first report discusses the journal entries made to support the departmental reporting for the Marine Corps and our second report discusses the preparation of financial reports for Marine Corps appropriations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 21, 2001
- Accession Number
- ADA387363
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense