The Defense Department's Systems of Accounting for the Value of Foreign Military Sales Need Improvement

FGMSD-79-21 Published: Mar 16, 1979. Publicly Released: Mar 22, 1979.

Highlights

The procedures by which the Department of Defense (DOD) computes the value of foreign military sales agreements and the yearly foreign military sales ceiling were reviewed.

Full Report

Full Report (48 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Information Technology

Accounting errorsAccounting systemsForeign military salesInformation systemsPrices and pricingData errorsForeign salesAccounting recordsFinancial systemsInflation