Army Records Retention
Gao ID: AFMD-93-39R November 12, 1992Pursuant to a legislative requirement, GAO performed an audit of the Army's financial statements for fiscal year 1992. GAO noted that: (1) the Army Materiel Command (AMC) created financial records in a machine readable format, but destroyed the records each month without retaining an archive copy; and (2) there were no standards that authorized AMC to destroy the records each month.