DODD 7000.14-R VOL 15 CHAP 3
ACCOUNTING
Organization: | DODD |
Publication Date: | 1 February 2012 |
Status: | active |
Page Count: | 38 |
scope:
INTRODUCTION
Objectives
The objectives of this chapter are to prescribe accounting requirements which:
A. Assure proper Department of Defense (DoD) control and accountability of cases implemented in the Foreign Military Sales (FMS) Trust Fund;
B. Provide accounting information that can be used for preparation of Chief Financial Officer (CFO) financial statements, quarterly bills to FMS purchasers, and financial status reports to DoD case managers and to Defense Security Cooperation Agency (DSCA) staff;
C. Are fully integrated with physical delivery (logistics) reporting systems;
D. Serve as a basis for timely identification and reporting of financial management problems; and
E. Establish internal controls to assure compliance with the payment requirements of the Arms Export Control Act (AECA), codified at 22 United States Code (U.S.C.) 2751 et seq.