Financial management (71 - 80 of 250 items)
Financial Management: Challenges Confronting DOD's Reform Initiatives
T-AIMD-95-146: Published: May 23, 1995. Publicly Released: May 23, 1995.
GAO discussed the Department of Defense's (DOD) plans to reform its financial management operations. GAO noted that: (1) DOD has serious, long-standing financial problems that must be addressed immediately; (2) DOD plans to reform its financial management operations by consolidating its finance and accounting operations and systems, establishing pre-validation procedures for disbursements, reengin...
Chemical Weapons: Army's Emergency Preparedness Program Has Financial Management Weaknesses
NSIAD-95-94: Published: Mar 15, 1995. Publicly Released: Apr 17, 1995.
Pursuant to a congressional request, GAO reviewed how Army Chemical Stockpile Emergency Preparedness Program (CSEPP) funds were spent between fiscal years (FY) 1988 and 1994, focusing on: (1) the purposes for which funds were allocated; (2) how funds were allocated to states and counties associated with four chemical weapons storage sites; and (3) CSEPP financial reporting and internal control sys...
Agency Component Criteria
AIMD-95-91R: Published: Feb 21, 1995. Publicly Released: Feb 21, 1995.
Pursuant to an agency request, GAO commented on the Office of Management and Budget's (OMB) proposed criteria and designation of agency components that should submit separate audited financial statements beginning in fiscal year 1996, focusing on: (1) strengthening the criteria to ensure that agency components are designated in a consistent manner; and (2) adding the Army, Navy, and Air Force comp...
Digests of Decisions of the Comptroller General of the United States, Vol. VI, No. 3
155526: Dec 1, 1994
GAO published its monthly digest of decisions of the Comptroller General of the United States for the month of December 1994. These decisions involved financial management, civilian personnel, military personnel, and procurement issues...
Navy Financial Reports
AIMD-94-166R: Published: Aug 11, 1994. Publicly Released: Aug 11, 1994.
GAO analyzed the changes in financial data in the Navy's annual financial reports for fiscal years (FY) 1992 and 1993, focusing on the discrepancies in the amounts shown for property, plants, and equipment. GAO noted that: (1) the valuations for Navy property, plants, and equipment in the FY 1992 and 1993 reports were $17.7 billion and $163.3 billion, respectively, which were less than the amounts...
Defense Business Operations Fund: Improved Pricing Practices and Financial Reports Are Needed to Set Accurate Prices
AIMD-94-132: Published: Jun 22, 1994. Publicly Released: Jun 22, 1994.
Pursuant to a legislative requirement, GAO provided information on the Department of Defense's process for developing the prices the Defense Business Operations Fund will charge its customers, focusing on: (1) the reasons the Fund's prices have increased; (2) the reasons the Fund continues to experience annual losses; and (3) whether the Fund's financial reports are sufficiently accurate to assist...
Financial Management: DOD's Efforts to Improve Operations of the Defense Business Operations Fund
T-AIMD/NSIAD-94-170: Published: Apr 28, 1994. Publicly Released: Apr 28, 1994.
GAO discussed the Department of Defense's (DOD) operation and management of the Defense Business Operations Fund. GAO noted that: (1) DOD has not developed policies critical to the Fund's operations; (2) DOD cost accounting systems are fragmented, costly to maintain, and do not provide the cost information necessary for managers to better control costs; (3) although DOD has made some progress in i...
Financial Management: Financial Control and System Weaknesses Continue to Waste DOD Resources and Undermine Operations
T-AIMD/NSIAD-94-154: Published: Apr 12, 1994. Publicly Released: Apr 12, 1994.
GAO discussed Department of Defense (DOD) financial management. GAO noted that: (1) during the first half of fiscal year (FY) 1993, DOD received $751 million in payments returned by contractors, an indication that DOD controls over disbursements are poor; (2) it identified numerous instances of overpayments resulting from fraud perpetrated by DOD military and civilian personnel, former DOD personn...
Financial Management: Status of the Defense Business Operations Fund
AIMD-94-80: Published: Mar 9, 1994. Publicly Released: Mar 9, 1994.
Pursuant to a legislative requirement, GAO provided information on the financial status of the Department of Defense's (DOD) Defense Business Operations Fund, focusing on: (1) the Fund's cash management; (2) DOD efforts to address problems through its comprehensive plan; and (3) the DOD approach to managing the Fund.GAO found that: (1) although DOD has made progress toward improving the Fund's ope...
DOD 'M' Accounts
AIMD-94-84R: Published: Feb 24, 1994. Publicly Released: Feb 24, 1994.
GAO discussed regulations concerning merged (M) appropriation account balances within the Department of Defense (DOD) and requested information on actions that DOD is taking to reconcile the remaining M accounts...