Financial Audit:

Examination of the Army's Financial Statements for Fiscal Years 1992 and 1991

AIMD-93-1: Published: Jun 30, 1993. Publicly Released: Jun 30, 1993.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a legislative requirement, GAO examined the Army's financial statements for fiscal years 1992 and 1991.

GAO found that: (1) the Army lacked adequate internal controls and an accurate, reliable accounting system; (2) the Army did not materially comply with Department of Defense (DOD) financial policies, record retention requirements, or program activity reporting requirements; (3) weak internal controls limited the Army's ability to protect its reported assets, prevent material misstatements in its financial statements, and ensure material compliance with its budget authority; and (4) the Army could not ensure that its financial information was reliable because it had not implemented performance measures.

Feb 15, 2018

Jan 31, 2018

Nov 16, 2017

Nov 15, 2017

Nov 9, 2017

Looking for more? Browse all our products here