DOD Education Benefits Fund Financial Statement For FY 1994

Abstract : The objectives of the audit were to determine whether the Fund's FY 1993 financial statements were presented fairly in accordance with Office of Management and Budget Bulletin No. 94-01, "Form and Content of Agency Financial Statements," November 16, 1993. We evaluated the internal control structure established for the Fund and assessed compliance with applicable laws and regulations that could have a material effect on the financial statements. Also, we identified improvements to the financial statement process that could provide beneficial data to program managers and other users of financial statements and followed up on the conditions noted in our audit of the Fund's FY 1992 financial statements.