DOD Financial Management: Marine Corps Statement of Budgetary Resources Audit Results and Lessons Learned

Abstract

The Marine Corps received a disclaimer of opinion on its Fiscal Year 2010 SBR because it ould not provide supporting documentation in a timely manner, and support for transactions was missing or incomplete. Auditors also reported that the Marine Corps did not have adequate processes, systems controls, and controls for accounting and reporting on the use of budgetary resources. Further, the Marine Corps could not provide evidence that reconciliations for key accounts and processes were being performed on a monthly basis. The auditor also identified ineffective controls in key information technology (IT) systems used by the Marine Corps to process financial data. The auditors provided 139 recommendations to correct identified weaknesses.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 2011
Accession Number
ADA551226

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Cyber
  • Human Systems

DTIC Thesaurus Topics

  • Business Administration
  • Computer Programming
  • Computer Programs
  • Congress
  • Data Processing
  • Department Of Defense
  • Financial Management
  • Homeland Security
  • Information Processing
  • Information Systems
  • Law
  • Lessons Learned
  • Management Personnel
  • Marine Corps
  • Military Personnel
  • National Governments
  • United States Government

Readers

  • Defense Financial Management and Audit.
  • Maritime Combat Support and Expeditionary Logistics.