Accession Number : ADA296493
Title : Defense Inventory Management.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC HUMAN RESOURCES DIV
PDF Url : ADA296493
Report Date : DEC 1992
Pagination or Media Count : 40
Abstract : In January 1990, in the aftermath of scandals at the Departments of Defense and Housing and Urban Development, the General Accounting Office began a special effort to review and report on federal government program areas that it considered "high risk." After consulting with congressional leaders, GAO sought, first, to identify areas that are especially vulnerable to waste, fraud, abuse, and mismanagement. GAO then began work to see whether it could find the fundamental causes of problems in these high-risk areas and recommend solutions to the Congress and executive branch administrators. Identified were 17 federal program areas as the focus of the project. These program areas were selected because they had weaknesses in internal controls (procedures necessary to guard against fraud and abuse) or in financial management systems (which are essential to promoting good management, preventing waste, and ensuring accountability). Correcting these problems is essential to safeguarding scarce resources and ensuring their efficient and effective use on behalf of the American taxpayer. (KAR) P. 2
Descriptors : *MANAGEMENT PLANNING AND CONTROL, *EFFICIENCY, *INVENTORY CONTROL, CONGRESS, UNITED STATES GOVERNMENT, HIGH RATE, RISK, DEFENSE SYSTEMS, FINANCIAL MANAGEMENT, VULNERABILITY, PROBLEM SOLVING, SOLUTIONS(GENERAL), INTERNAL, DEFICIENCIES, ADMINISTRATIVE PERSONNEL, URBAN AREAS, ACCOUNTABILITY.
Subject Categories : Administration and Management
Government and Political Science
Logistics, Military Facilities and Supplies
Distribution Statement : APPROVED FOR PUBLIC RELEASE