Compilation of the FY 2000 Army Working Capital Fund Financial Statements
INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA
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This report is the second in a series of audit reports relating to the audit of the FY 2000 Army Working Capital Fund Financial Statements. The first report was on our oversight of the Army Audit Agency audit of the FY 2000 Army Working Capital Fund Financial Statements. The Chief Financial Officers Act of 1990 requires the Inspector General, DoD, to audit the financial statements of DoD organizations in accordance with generally accepted Government auditing standards. The Inspector General, DoD, and the Army Audit Agency jointly performed the audit work at Defense Finance and Accounting Service Indianapolis. The Army Audit Agency disclaimed an opinion on the FY 2000 Army Working Capital Fund Financial Statements, and we endorsed the disclaimer. The FY 2000 Army Working Capital Fund Financial Statements reported assets of 12.7 billion and liabilities of 754 million. Net program costs for the Army Working Capital Fund were 3.6 billion.
- Administration and Management
- Economics and Cost Analysis