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Centralization of the Billing and Collecting Functions of the Foreign Military Sales Program

FGMSD-77-46 Published: Sep 16, 1977. Publicly Released: Sep 16, 1977.
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Highlights

Although centralization can improve accounting systems and financial management, there are a number of weaknesses in the Air Force Accounting and Finance Center's billing and collecting system which the Security Assistance Accounting Center used as a model for its centralized system and certain other problems in the Army's and Navy's systems which could adversely affect the centralized system.

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Accounting systemsBilling proceduresCentralizationCollection proceduresFinancial managementForeign military salesMilitary budgetsProgram evaluationProgram managementMilitary forces