Accession Number:

AD1173022

Title:

Serious Breakdown in The Army's Financial Management Systems

Descriptive Note:

[Technical Report, Congressional Report]

Corporate Author:

GENERAL ACCOUNTING OFFICE WASHINGTON DC

Personal Author(s):

• Staats, Elmer B

Report Date:

1976-11-05

Pagination or Media Count:

26

Abstract:

The Army has experienced a serious breakdown in the financial management and control over its procurement appropriations, resulting in several violations of the Anti-Deficiency Act. Over obligations totaling 205 million in three appropriations have been reported to the President and the Congress. Also the Army is preparing violation reports on two additional appropriations and is investigating possible violations in eight others.

Descriptors:

• financial management
• combat vehicles
• united states
• congress
• contracts
• finance
• government (foreign)
• governments
• new jersey
• procurement
• vehicles
• accounting
• air force
• aircrafts
• ammunition
• army procurement
• contractors

Subject Categories:

• Economics and Cost Analysis
• Administration and Management

Distribution Statement:

[A, Approved For Public Release]