Accession Number:

ADA393111

Title:

U.S. Transportation Command's Reporting of Property, Plant, and Equipment Assets on the FY 2000 DoD Agency-Wide Financial Statements

Descriptive Note:

Audit rept.

Corporate Author:

INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA

Report Date:

2001-08-03

Pagination or Media Count:

31.0

Abstract:

This audit was performed to support the requirements of the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994. The accuracy of the 78 billion of property, plant, and equipment reported on the FY 2000 DoD Agency-Wide Financial Statements is essential to DoD receiving favorable audit opinions on its financial statements. The U.S. Transportation Command reported property, plant, and equipment with a net value of 1.4 billion in the FY 2000 DoD Agency-Wide Financial Statements. The U.S. Transportation Command is one of nine Unified Combatant Commands. It consists of the following components Headquarters, Transportation Command Air Mobility Command Military Traffic Management Command Military Sealift Command and Defense Courier Service. It is the only Unified Combatant Command that includes a working capital fund Transportation Working Capital Fund. The U.S. Transportation Commands financial statement data were included with the Other Defense Organizations-Working Capital Funds for FY 2000.

Subject Categories:

  • Administration and Management
  • Economics and Cost Analysis
  • Surface Transportation and Equipment

Distribution Statement:

APPROVED FOR PUBLIC RELEASE