Internal Controls Over the Army Military Equipment Baseline Valuation Effort

Abstract

This report is one in a series. We assessed the effectiveness of the Property and Equipment Policy Office and Army internal controls over the valuation, rights and obligations, and completeness of military equipment programs contained in the Army military equipment baseline. Because systems and processes were not in place to allow for the calculation of the full cost of assets, the Property and Equipment Policy Office used a program-based valuation method to develop the baseline. We recommend that the Office of the Secretary of the Army (Acquisition, Logistics, and Technology): (1)issue guidance requiring Program Management retain supporting documentation and (2) request an independent organization perform a quality assurance review of supporting documentation.

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Document Details

Document Type
Technical Report
Publication Date
Aug 29, 2008
Accession Number
ADA499309

Entities

People

  • Ann Thompson
  • Donna J. Paterson
  • Jack L. Armstrong
  • James D. Hartman
  • Kandasamy Selvavel
  • Kathleen A. Furey
  • Lusk F. Penn
  • Mark A. Ives
  • Martin J. Radtke
  • Patricia A. Marsh
  • Thomas W. Shurman

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Air Platforms
  • Ground and Sea Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Aircrafts
  • Anti-Tank Missiles
  • Combat Support
  • Contracts
  • Department Of Defense
  • End Items
  • Financial Management
  • Logistics
  • Materials
  • Military Equipment
  • Program Management
  • Reliability
  • Statistical Samples
  • Statistical Sampling
  • United States Special Operations Command
  • Warfare

Readers

  • Government and Public Administration Law.
  • Logistics and Supply Chain Management.
  • Software Engineering.