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- Title
Department of Defense Audit Challenges--Accounting and Reporting for Selected Assets.
- Abstract
The article offers information on the effort of the U.S. Department of Defense (DoD) to continue to improve its financial management processes to operate in a U.S. generally accepted accounting principles (GAAP) compliant environment. It discusses how the department can comply with the Statement of Federal Financial Accounting Standard (SFFAS) 48 and the SFFAS 50. The department's development of audit readiness strategies and project plans is also explored.
- Subjects
UNITED States; FINANCIAL management; UNITED States. Dept. of Defense; ACCOUNTING standards; MILITARY spending; GOVERNMENT auditing; GOVERNMENT accounting
- Publication
Armed Forces Comptroller, 2018, Vol 63, Issue 1, p54
- ISSN
0004-2188
- Publication type
Article