Financial Reporting at the Washington Headquarters Services
Abstract
This report is the third, and last, 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 in "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 Washington Headquarters Services is one of these Defense agencies. The Washington Headquarters Services maintains the official accounting records for funds that it receives, and also provides accounting support to various funds allocated to the Office of the Secretary of Defense, the United States Court of Appeals for the Armed Forces, the Pentagon Reservation Maintenance Revolving Fund, and the Building Maintenance Fund. Preceding reports addressed financial reporting by the Defense Finance and Accounting Service-Indianapolis and Defense Finance and Accounting Service-Cleveland.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 15, 2001
- Accession Number
- ADA387748
Entities
People
- Charles J. Richardson
- F. J. Lane
- Jonathan R. Witter
- Salvatore D. Guli
- Sandra L. Fissel
Organizations
- Office of the Inspector General, U.S. Department of Defense