The Department Of Defenses Financial Management Problems PDF Download
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Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 34 |
Release | : 2000 |
Genre | : |
ISBN | : 1428970916 |
Download Department of Defense implications of financial management issues Book in PDF, ePub and Kindle
As an integral part of an effective budget execution system, an agency is responsible for determining and maintaining its available fund balance. Treasury also has information about activity in the agency's accounts, and Treasury's and the agency's records must be periodically reconciled to determine the actual amount of funds available. This is analogous to reconciling one's personal checking account with the monthly bank statement. DOD weaknesses in accounting for its funds include (1) the inability to reconcile its balances to Treasury's, (2) frequent adjustments of recorded payments from one appropriation to another appropriation account, including to canceled appropriations, (3) problem disbursements-disbursements that are not properly matched to specific obligations recorded in the department's records, and (4) obligated balances that are incorrect or unsupported. As a result of these weaknesses, auditors have been unable to verify DOD's Fund Balance With Treasury and its major components -obligate and unobligated balances. This means that DOD does not know with certainty the amount of funding that is available. This information is essential for DOD and the Congress to be able to determine the status of funds and if unobligated balances are available that could be used to reduce current funding requirements or that could be reprogrammed to meet other critical program needs.
Author | : United States. Congress |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 62 |
Release | : 2018-02-09 |
Genre | : |
ISBN | : 9781985235946 |
Download The Department of Defense Book in PDF, ePub and Kindle
The Department of Defense : what must be done to resolve DOD's longstanding financial management problems? : hearing before the Subcommittee on Government Efficiency, Financial Management and Intergovernmental Relations of the Committee on Government Reform, House of Representatives, One Hundred Seventh Congress, first session, May 8, 2001.
Author | : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations |
Publisher | : |
Total Pages | : 72 |
Release | : 2003 |
Genre | : Waste in government spending |
ISBN | : |
Download The Department of Defense Book in PDF, ePub and Kindle
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 30 |
Release | : 1999 |
Genre | : |
ISBN | : 1428973877 |
Download DOD financial management more reliable information key to assuring accountability and managing defense operations more efficiently Book in PDF, ePub and Kindle
Recent audits of the fiscal year 1998 financial statements for DOD and the individual military services, performed by the DOD Inspector General (IG) and the service audit agencies, and our report on the U.S. government's financial statements have highlighted many critical DOD financial management problems. These problems not only hamper the department's ability to produce timely and accurate financial management information, but also significantly impair efforts to improve the economy and efficiency of its operations. Key areas of concern relate to ineffective asset control and accountability, which affects DOD's visibility over weapons systems and inventory, and unreliable cost and budget information, which affects DOD's ability to effectively measure performance, reduce costs, and maintain adequate funds control.
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 32 |
Release | : 1990 |
Genre | : |
ISBN | : |
Download Financial Management Book in PDF, ePub and Kindle
Author | : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations |
Publisher | : |
Total Pages | : 64 |
Release | : 2002 |
Genre | : History |
ISBN | : |
Download The Department of Defense Book in PDF, ePub and Kindle
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 43 |
Release | : |
Genre | : |
ISBN | : 1428975721 |
Download Department of Defense financial audits highlight continuing challenges to correct serious financial management problems Book in PDF, ePub and Kindle
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 30 |
Release | : |
Genre | : |
ISBN | : 1428935398 |
Download Department of Defense financial and business management transformation hindered by longstanding problems : testimony [before the] Subcommittee on Financial Management, the Budget, and International Security, Committee on Governmental Affairs, U.S. Senate Book in PDF, ePub and Kindle
Author | : United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Government Management, Information, and Technology |
Publisher | : |
Total Pages | : 134 |
Release | : 1997 |
Genre | : History |
ISBN | : |
Download The Department of Defense's Financial Management Problems Book in PDF, ePub and Kindle
Author | : United States House of Representatives |
Publisher | : |
Total Pages | : 146 |
Release | : 2020-01-15 |
Genre | : |
ISBN | : 9781659387926 |
Download Are Financial Management Problems at the Department of Defense Impacting Army Reserve Pay Book in PDF, ePub and Kindle
Are financial management problems at the Department of Defense impacting Army Reserve pay: hearing before the Subcommittee on Government Efficiency and Financial Management of the Committee on Government Reform, House of Representatives, One Hundred Eighth Congress, second session, July 20, 2004.