Accounting Entries Made in Compiling the FY 2000 Financial Statements for the Working Capital Funds of the Air Force and Other Defense Organizations
Author | : |
Publisher | : |
Total Pages | : 36 |
Release | : 2001 |
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ISBN | : |
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The Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, requires DoD to submit to the Office of Management and Budget annual audited financial statements. This audit is one in a series of audits of department-level accounting entries made by the Defense Finance and Accounting Service in preparing the FY 2000 financial statements for DoD reporting entities. This audit supported the audits of the FY 2000 financial statements for the DoD and the Department of the Air Force Working Capital Fund. The Inspector General, DoD, and the Air Force Audit Agency disclaimed an opinion on those financial statements. The Defense Finance and Accounting Service Denver made $127.7 billion in accounting entries in compiling the FY 2000 financial statements for the working capital funds of the Air Force and three other Defense organizations included in the DoD Agency-Wide financial statements.