Inspector General, DOD, Oversight of the Naval Audit Service Audit of the FY 2000 Navy Working Capital Fund Financial Statements
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 to prepare annual audited Navy Working Capital Fund financial statements. Office of Management and Budget Bulletin No. 01-02, "Audit Requirements for Federal Financial Statements," dated October 16, 2000, establishes the minimum requirements for audits of 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 Navy Working Capital Fund financial statements to the Naval Audit Service. This report is the second in a series of reports and discusses the work performed on the oversight of the Naval Audit Service audit of the FY 2000 Navy Working Capital Fund financial statements.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 21, 2001
- Accession Number
- ADA387373
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense