We determined whether the Defense Finance and Accounting Service and the Navy properly reported contract financing payments for shipbuilding contracts on the DoD and Navy financial statements. In addition, we determined whether the Property and Equipment Office (P&EPO) and the Navy could improve the process to capture shipbuilding Construction-in-Progress (CIP) balances.


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    Title :

    Navy Reporting of Financing Payments for Shipbuilding on the Financial Statements


    Publication date :

    2009


    Size :

    37 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English




    U.S. Navy shipbuilding

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