Navy Public Works Centers Compliance With GAO's Accounting System Design

FGMSD-76-52: Published: Mar 18, 1976. Publicly Released: Mar 18, 1976.

Additional Materials:

Contact:

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

GAO surveyed the industrial fund accounting system for the Navy Public Works Centers at the Center in San Diego, California, to determine if it was being operated in accordance with the system design approved by the Comptroller General in March 1974. GAO also reviewed and evaluated changes to the system since its approval and tested operating procedures and controls over billing of costs to customers for completed work.

The accounting system is being operated in accordance with the approved system design and is in compliance with the principles, standards, and related requirements currently prescribed by the Comptroller General. The system design approved by the Comptroller General in 1974, contains the following requirements, which have not been fully implemented: (1) funding by customers of major maintenance, repairs, and alterations in advance of the incurrence of such costs by the industrial fund which are restricted to a 12 month period beginning with the date of approval of the project; and (2) separately identified funded and unfunded liability for unused annual leave of employees of revolving fund activities.

Jan 19, 2021

Jan 13, 2021

Dec 16, 2020

Dec 9, 2020

Dec 3, 2020

Nov 30, 2020

Nov 24, 2020

Nov 23, 2020

Nov 18, 2020

Looking for more? Browse all our products here