Title 2--UEA Discontinued Operations

AIMD-94-108R: Published: Apr 28, 1994. Publicly Released: Apr 28, 1994.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO reviewed the Department of Energy's Uranium Enrichment Activity's (UEA) reporting of property and equipment losses from discontinued operations. GAO noted that: (1) UEA complied with mandated accounting and financial reporting requirements in its June 1993 financial statements; and (2) the net book value of the property and equipment estimated at about $501 million should be recognized as a loss, since these assets no longer benefit UEA and UEA is unlikely to recover any portion of the cost of the property.

Nov 24, 2020

Nov 23, 2020

Nov 18, 2020

Nov 16, 2020

Oct 7, 2020

Sep 25, 2020

Sep 23, 2020

Sep 10, 2020

Looking for more? Browse all our products here