Insufficient Governance Over Logistics Modernization Program System Development
This report determined whether the Logistics Modernization Program system (LMP) was compliant with the U.S. Government Standard General Ledger (USSGL) at the transaction level. The overall objective was to determine whether internal controls over Army Working Capital Fund (AWCF) accounting transactions originating in the LMP were adequate. Specifically, the auditors determined whether LMP properly supported accounting transactions with verifiable audit trails and recorded transactions as required by the USSGL. Additionally, they planned to determine the reasons for any abnormal balances reported in the general ledger account codes. Charts and tables. This is a print on demand edition of an important, hard-to-find report.
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abnormal balances Accounts Payable Army financial managers Army’s ASA(FM&C attribute values audit AWCF activities AWCF financial statements budgetary Business Enterprise Architecture Chart of Accounts core financial management correctly crosswalk DCMO Comments DDRS Debit Deputy Chief Management DFAS DOD Business DOD Financial Management DOD Standard Chart ensure that LMP Enterprise Resource Planning ERP strategy Federal Financial Management financial events Financial Information Structure financial management requirements financial management system financial reporting full deployment GLACs identify internal control ledger accounts LMP chart LMP deployment LMP general ledger LMP PO LMP trial balance LMP’s Logistics Modernization Program management system requirements material weaknesses memorandum Modernization Program system populate posting logic Secretary of Defense SFIS compliance SFIS requirements SFIS Transaction Library Standard Financial Information Standard General Ledger target systems Trading Partner transaction level trial balance data U.S. Government Standard USAAA USD(C USSGL accounts USSGL compliant USSGL transaction code USSGL/DOD account numbers