Tham khảo tài liệu 'financial audit air force does not effectively account for billions of dollars of resources_part1', tài chính - ngân hàng, kế toán - kiểm toán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | United States General Accounting Office Washington . 20548 Comptroller General of the United States B-234326 February 23 1990 To the President of the Senate and the Speaker of the House of Representatives This report presents the results of our review of the Air Force s financial management operations and its efforts to prepare consolidated financial statements. While the financial statements included as appendix I purport to show the Air Force s financial position and results of operations for fiscal year 1988 our audit work demonstrates that the Air Force does not have accurate cost data for almost all of its non-cash assets. Air Force managers are accountable for 275 billion in weapons systems inventories and other assets and for annual appropriations of over 90 billion. However the Air Force s financial management systems and internal controls are not sufficient to provide adequate and reliable financial information for effective management of the Air Force s diverse and complex operations. Our report discusses these problems and contains recommendations for corrective actions. We are sending copies of this report to the Secretaries of the Air Force and Defense the Director of the Office of Management and Budget interested congressional committees and other interested parties. This report was prepared under the direction of David M. Connor Director Defense Financial Audits who may be reached on 202 275-9406 if you or your staff have any questions. Charles A. Bowsher Comptroller General of the United States This is trial version Executive Summary Purpose Through the 1980s there have been mounting concerns over the federal government s declining fiscal condition and the ineffective management and control over its financial operations. While various reforms are being considered and others are under way more urgent and decisive actions are needed to deal effectively with these concerns and problems. Over the last several years GAO has conducted
