http://worldcat.org/entity/work/id/936104686

Financial management : reliability of weapon system cost reports is highly questionable : report to the Secretary of Defense and the Acting Secretary of the Army

The reliability of weapon system cost information in the Army's reports to Congress and the Pentagon and in Army reports used to support critical cost decisions is highly questionable. This information, which came from at least 18 disparate financial and logistics systems, (1) was incomplete and inconsistent among systems, (2) did not include all costs required by Army guidelines, (3) reflected unsupported adjustments, and (4) could not be independently verified. GAO's audit of the Army's financial statements for fiscal year 1992 noted continuing problems with the accuracy of weapon system cost information in the Army's logistics systems. As a result, Congress and other users of the reports cannot be fully confident that reported weapon systems costs are reliable.

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