Controls Over Reconciling Army Working Capital Fund Inventory Records

Abstract

Who Should Read This Report and Why? DoD and Army officials responsible for reconciling differences in inventory balances between DoD inventory management system should read this report. This reports discusses weaknesses in guidance for performing reconciliations and controls over the process of reconciling the Army Working Capital Fund (AWCF) inventory balances reported in the Distribution Standard System to the Army's supply records. Background: The Defense Distribution Center, which stores most AWCF inventory at 26 worldwide distribution centers, and the Army Life Cycle Management Commands (LCMCs), which manage AWCF inventory, rely on different inventory management systems that do not share the same inventory records. Consequently, the Defense Distribution Center and LCMCs annually perform a 100-percent reconciliation of inventory records.

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Document Details

Document Type
Technical Report
Publication Date
May 13, 2008
Accession Number
ADA499367

Entities

People

  • Allison Tarmann
  • Ann Thompson
  • Carmelo G. Ventimiglia
  • Karen A. Preston
  • Lynn M. Irwin
  • Matthew F. Bengs
  • Patricia A. Marsh
  • Rebecca L. Niemeier
  • Robert J. Ringwald

Organizations

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

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Business Administration
  • Commerce
  • Department Of Defense
  • Digital Information
  • Financial Management
  • Governments
  • Information Systems
  • Inventory
  • Inventory Control
  • Life Cycle Management
  • Life Cycles
  • Logistics
  • Management Personnel
  • Organizational Structure
  • Supply Chain
  • Supply Chain Management

Readers

  • Defense Financial Management and Audit.
  • Occupational Health and Safety.