Beginning with fiscal year 1998, federal accounting standards require agencies to disclose in their financial statements the amount of deferred maintenance related to property, plant, and equipment, including mission assets. For the Department of Defense (DOD), mission assets such as submarines, ships, aircraft, and combat vehicles are a major category of property, plant, and equipment. For fiscal year 1996, DOD reported over $590 billion in this asset category.
Financial Management: DOD Needs to Expedite Plans to Implement Deferred Maintenance Accounting Standard
1997
14 pages
Report
No indication
English
Management Practice , Logistics, Military Facilities, & Supplies , Business & Economics , Accounting , Acquisition , Aircrafts , Business administration , Combat vehicles , Costs , Department of defense , Electronic mail , Financial management , Governments , Logistics , Logistics management , Maintenance , Management personnel , Procurement , Standards , United states
Engineering Index Backfile | 1915
|Deferred maintenance -- How much?
Engineering Index Backfile | 1939
Deferred freight-car maintenance exceeds $300,000,000
Engineering Index Backfile | 1933
Engineering Index Backfile | 1918
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