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$135 Billion.pdf

3-Financial_Section_Final20170511_HH.pdf

🔗 Source: comptroller.defense.gov

📊 Size: 4.65 MB

📄 Pages: 100 pages

⬇️ Downloads: 226

Summary

The Department of Defense (DoD) fiscal year 2016 financial statements reflect the Department's commitment to transparency and responsible stewardship of taxpayer dollars. The DoD faces operational and strategic challenges, and efficient translation of its mission into a comprehensive budget request is crucial. The Department seeks to achieve potential savings and is committed to achieving auditable financial statements, with 2016 marking the second year of limited scope audits for each military service. The DoD has a large and complex asset base of $2.4 trillion, with approximately 1.3 million active personnel, 810,000 National Guard and Reserve forces, and 750,000 civilian employees. The four principal financial statements include the Balance Sheet, Statement of Net Cost, Statement of Changes in Net Position, and Statement of Budgetary Resources, which provide information on the Department's financial position, operations, and budgetary resources.

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Description

The Department of Defense (DoD) fiscal year 2016 financial statements reflect the Department's commitment to transparency and responsible stewardship of...

Technical Information

File Format: PDF
File Size: 4.65 MB
Pages: 100
Language: EN
Total Downloads: 226
Last Updated: 5 hours ago

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