Financial Statements of the Defense Logistics Agency Reutilization and Marketing Service Business Area of the Defense Business Operations Fund for FY 1994

摘要

The objectives of the audit were to determine whether the DRMS statement of Financial Position, as of September 30, 1994, was presented fairly in accordance with Office of Management and Budget Bulletin No. 94-01, 'Form and Content of Agency Financial Statements', November 16, 1993. We also assessed controls over selected revenues and expenses presented on the DRMS Statement of Operations for FY 1994. We evaluated the internal control structure established for DRMS and assessed compliance with applicable laws and regulations that could have a material effect on the financial statements. Additionally, we followed up on audit issues identified in prior audit reports on financial statements of the Defense logistics Agency Business Areas of the Defense Business Operations Fund.