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Loss of Accounting Integrity in Air Force Procurement Appropriations

FGMSD-77-81 Published: Nov 01, 1977. Publicly Released: Nov 01, 1977.
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Highlights

The Air Force's use of improper accounting procedures has resulted in a loss of integrity in its procurement appropriations. Although the Air Force has directed that several corrective actions be taken, there is still a need to change its accounting procedures so that advances received from foreign countries under cooperative logistics arrangements are properly recorded and that such advances now in the wrong accounts are transferred to the proper accounts.

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Accounting proceduresAccounting systemsAppropriationsDefense auditsDefense procurementFinancial managementForeign military salesMilitary budgetsMilitary forcesProcurement appropriations