Financial Audit: Air Force's Base-Level Financial Systems do not Provide Reliable Information

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Abstract:

Over the last several years, GAO has conducted a number of financial audits of major agencies to address concerns about the federal governments deteriorating fiscal condition and ineffective control over financial operations. A full-scale audit of an agencys financial statements provides an understanding of the problems associated with financial management and the required corrective actions. GAO evaluated the Air Forces financial management operations and systems for fiscal year 1988 and 1989 and issued a comprehensive report on the results of the fiscal year 1988 audit, Air Force Does Not Effectively Account For Billions Of Dollars Of ResourcesGAOAFMD-90-23, February 23, 1990. As part of the 1988 and 1989 audits, GAO evaluated selected base-level systems of internal accounting controls at 17 air bases and assessed the accuracy of account balances for those base-level operations. This report details the results of that evaluation for the 2 year period.

Author(s):
No Author(s) Identified
Author Organization(s):
GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND FINANCIAL MANAGEMENT DIV
Supplementary Note:
Report to the Assistant Secretary of the Air Force, Financial Management and Comptroller.
Pagination:
0025

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
GAO/AFMD-91-26
Monitor Series:
GAO
 Subject Terms
Joint Capability Areas:
JCA_4.2_Supply; JCA_5_Command and Control; JCA_4.2.1_Manage Supplies and Equipment; JCA_4.2.2_Inventory Management; JCA_5.3_Planning; JCA_4.6.1_General Engineering; JCA_4.6_Engineering; JCA_5.6.3_Assess Achievement of Objectives; JCA_5.6_Monitor; JCA_4.7.1_Real Property Life Cycle Management; JCA_4.7_Base and Installations Support; JCA_3.2_Engagement; JCA_3_Force Application; JCA_3.2.1_Kinetic Means; JCA_5.3.3_Develop Strategy; JCA_5.3.4_Develop Courses of Action; JCA_5.3.5_Analyze Courses of Action; JCA_1.2_Force Preparation; JCA_1_Force Support; JCA_1.2.1_Training; JCA_1.2.5_Lessons Learned
Communities of Interest:
Biomedical
Descriptor(s):
*FINANCIAL MANAGEMENT, AIR FORCE, UNITED STATES GOVERNMENT, ACCOUNTING, AUDITING, CONTROL, RELIABILITY, INTERNAL, FINANCE, ACCURACY
Field(s)/Group(s):
Administration and Management, Economics and Cost Analysis
Keyword(s):
*AIR FORCE, GENERAL ACCOUNTING OFFICE, BASE LEVEL ACCOUNTING SYSTEMS, GAO REPORTS
Report Date:
1991 Jan 01