An Analysis of the Financial Inventory Reporting Structure.
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
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This thesis presents a detailed analysis of the Financial Inventory Reporting Structure currently in use by Navy for stores account material in light of the problems uncovered by the Naval Audit Service in their report dated January 1979. The existing structure is described and analyzed at both the stock point and the central accounts level maintained by the Navy Regional Finance Center, Washington, D.C. In addition, the effects of the structure on inventory management are explored and discussed. The Thesis identifies and isolates the level of detail required for the system to fulfill both external reporting and internal management control requirements. This analysis is conducted through a detailed exploration of the stated objectives of the system. Results of this analysis identify an ability to significantly reduce the systems complexity. Finally, a proposal for system modification is presented which could enable Navy to continue to fulfill its objectives with a significantly less complex system structure.
- Administration and Management
- Economics and Cost Analysis