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Military forces (11 - 20 of 121 items)
Department of Defense: Financial Audits Highlight Continuing Challenges to Correct Serious Financial Management Problems
T-AIMD/NSIAD-98-158: Published: Apr 16, 1998. Publicly Released: Apr 16, 1998.
GAO discussed the status of financial management at the Department of Defense (DOD), focusing on: (1) serious material weaknesses now confronting DOD; (2) the resulting impact on DOD's ability to effectively carry out its programs and operations; and (3) the efforts under way to address these deficiencies.GAO noted that: (1) serious material weaknesses were found in DOD systems and processes relie...
Financial Management: DOD's Liability for Missile Disposal Can Be Estimated
AIMD-98-50R: Published: Jan 7, 1998. Publicly Released: Jan 7, 1998.
Pursuant to a legislative requirement, GAO reviewed the Department of Defense's (DOD) implementation of the requirement to disclose the liability associated with the disposal of federal agencies' property, plant, and equipment, focusing on missiles.GAO noted that: (1) DOD has not yet implemented the federal accounting standard that requires recognizing and reporting liabilities, such as those asso...
Financial Management: Factors to Consider in Estimating Environmental Liabilities for Removing Hazardous Materials in Nuclear Submarines and Ships
AIMD-97-135R: Published: Aug 7, 1997. Publicly Released: Aug 7, 1997.
Pursuant to a legislative requirement, GAO reviewed factors the Department of Defense (DOD) should consider in its efforts to meet the new Statements of Financial Accounting Standards (SFFAS) 6 requirement for reporting environmental liabilities for the cleanup of hazardous materials related to property, plant, and equipment, focusing on: (1) whether an estimate of the minimum environmental liabil...
Defense Working Capital Funds: DOD Faces Continued Challenges in Eliminating Advance Billing
T-AIMD/NSIAD-97-221: Published: Jul 22, 1997. Publicly Released: Jul 22, 1997.
GAO discussed the Department of Defense's (DOD) working capital funds, formerly known as the Defense Business Operations Fund (DBOF), focusing on: (1) a brief overview of fund operations and objectives; (2) a more detailed perspective of cash management operations; and (3) GAO's concerns with the cash situation through fiscal year (FY) 1998.GAO noted that: (1) in creating DBOF, DOD consolidated th...
Financial Management: DOD Progress Payment Distribution Procedures
AIMD-97-107R: Published: Jul 21, 1997. Publicly Released: Jul 21, 1997.
Pursuant to a congressional request, GAO provided information on selected Department of Defense (DOD) progress payment accounting methods which are being used, or have been used over the past several years, to distribute contract progress payments, focusing on the differences between and results of each of the progress payment accounting methods.GAO noted that: (1) Defense Finance and Accounting S...
Defense Programs: Opportunities to Reform Key Business Practices
NSIAD-97-99R: Published: Mar 5, 1997. Publicly Released: Mar 20, 1997.
Pursuant to a congressional request, GAO summarized information on the defense budget and Department of Defense (DOD) infrastructure, inventory management, financial management, and acquisition programs.GAO noted that: (1) it has reported on problems and made numerous suggestions for improvements and efficiencies in DOD's infrastructure, inventory management, financial management, and acquisition...
DOD Accounting Systems: Efforts to Improve System for Navy Need Overall Structure
AIMD-96-99: Published: Sep 30, 1996. Publicly Released: Sep 30, 1996.
GAO reviewed the Defense Finance and Accounting Service's (DFAS) efforts to reduce the number of Navy accounting systems and to enhance and implement a Navy-wide system to account for general fund operations.GAO found that: (1) DFAS selected the Navy's Standard Accounting and Reporting System (STARS) to serve as the Navy's system for general fund accounting; (2) although believed to be the newest,...
Environmental Cleanup: Cash Management Practices at Rocky Mountain Arsenal
NSIAD-96-145: Published: Aug 16, 1996. Publicly Released: Aug 16, 1996.
GAO provided information on cash management practices at Rocky Mountain Arsenal.GAO noted that: (1) the settlement agreement between the Army and Shell Oil Company does not provide for timely or efficient collection of environmental cleanup costs; (2) if the government does not collect the receivables in a timely manner, it will lose the opportunity to invest these funds in other projects; (3) poo...
CFO Act Financial Audits: Navy Plant Property Accounting and Reporting Is Unreliable
AIMD-96-65: Published: Jul 8, 1996. Publicly Released: Jul 8, 1996.
GAO reviewed the Navy's fiscal year (FY) 1994 consolidated financial reports, focusing on the areas contributing to the inaccurate financial reporting of the Navy's plant property account balance.GAO found that: (1) substantial weaknesses in the Navy's financial reporting systems caused the Navy to submit inaccurate FY 1994 financial reports; (2) the Defense Finance and Accounting Service (DFAS) e...
Federal Agencies' Analysis of TDY Travel Processes
AIMD-96-76R: Published: Apr 1, 1996. Publicly Released: Apr 1, 1996.
Pursuant to a congressional request, GAO reviewed 25 agencies that have recently revised their travel processes. GAO noted that: (1) 11 agencies reported that they had recently revised their temporary duty (TDY) travel processes and had also analyzed the processes for systems supporting travel operations; and (2) 14 agencies reported that they had recently revised their TDY travel processes, but h...