Preparing Financial Reports for Marine Corps Appropriations

摘要

This audit was performed in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994. This is the third report on our audit of the FY 2000 Department of the Navy General Fund financial statements. The first report discusses the journal entries made to support the departmental reporting for the Marine Corps. The second report was our endorsement of the Naval Audit Service disclaimer of opinion on the FY 2000 General Fund financial statements. The Defense Finance and Accounting Service (DFAS) Cleveland and DFAS Kansas City provides finance and accounting support to the Navy and Marine Corps, including preparation of monthly financial reports and year-end financial statements. DFAS Kansas City maintains accounting records for 15 Marine Corps appropriations and reports Marine Corps financial data to DFAS Cleveland for official Department of the Navy financial reporting. The FY 2000 Department of the Navy General Fund financial statements reported a net cost of operations of $11.5 billion and total outlays of $10.8 billion by the Marine Corps.