Department of Defense Agency Financial Report. Fiscal Year 2007
Abstract
The Department of Defense (DoD) Fiscal Year (FY) 2007 Agency Financial Report (AFR) provides the President, the Congress, other Federal departments and agencies, and the American public an overview of the Department's financial condition. The AFR is similar to the private sector's annual report to stockholders. The AFR covers the 12-month period ending September 30, 2007 in the following sections: Section 1: Management's Discussion and Analysis is a high-level summary of the Department's financial information for FY 2007. It describes the Department's mission and organizational structure; includes financial highlights and a statement of limitations on the financial statements; and provides management assurances over internal control. Section 2: Financial Information includes a message from the Chief Financial Officer, the DoD Inspector General Auditor's Report and opinion, and the Department's principal financial statements and notes, required supplementary stewardship information and required supplementary information. Section 3: Other Accompanying Information includes the Inspector General's Summary of Management and Performance Challenges and Management's Responses, Summary of the Financial Statement Audit and Management Assurances, and Improper Payment Information Act Reporting Details. Appendix includes a glossary and a list of internet links for more detailed information about topics discussed in this report.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 15, 2007
- Accession Number
- ADA474978
Entities
Organizations
- United States Department of Defense