Accession Number:

ADA499367

Title:

Controls Over Reconciling Army Working Capital Fund Inventory Records

Descriptive Note:

Final rept.

Corporate Author:

INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA

Report Date:

2008-05-13

Pagination or Media Count:

45.0

Abstract:

Who Should Read This Report and Why DoD and Army officials responsible for reconciling differences in inventory balances between DoD inventory management system should read this report. This reports discusses weaknesses in guidance for performing reconciliations and controls over the process of reconciling the Army Working Capital Fund AWCF inventory balances reported in the Distribution Standard System to the Armys supply records. Background The Defense Distribution Center, which stores most AWCF inventory at 26 worldwide distribution centers, and the Army Life Cycle Management Commands LCMCs, which manage AWCF inventory, rely on different inventory management systems that do not share the same inventory records. Consequently, the Defense Distribution Center and LCMCs annually perform a 100-percent reconciliation of inventory records.

Subject Categories:

  • Economics and Cost Analysis
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE