Financial Management

Pursuant to a legislative requirement, GAO performed an automated analysis of the Air Force's Reliability and Maintainability Information System (REMIS) database as of the end of fiscal year (FY) 1996, focusing on short-term actions the Air Force could take to improve the accuracy of aircraft and missile data in REMIS.

GAO noted that: (1) because REMIS data are relied upon by over 1,700 users for many purposes, from strategic planning and maintenance tracking to financial reporting, it is imperative that the data be as accurate as possible; (2) the database analysis GAO performed, which identified several errors, could be easily replicated by the REMIS program office on a regular basis, for example, monthly; (3) by performing such a regular analysis, the REMIS program office could help ensure that the system's many users have access to more accurate data at any point in time; (4) this type of proactive and systematic approach to identifying and then resolving this type of proactive and systematic approach to identifying and then resolving errors or discrepancies would help improve and maintain the accuracy of the database; (5) ensuring data accuracy is particularly important as the Air Force moves to implement its new equipment tracking system over the next several years; and (6) the accuracy of the Air Force's financial statements and reports would be improved if the Defense Finance and Accounting Service's (DFAS) Denver Center received reports that included: (a) all aircraft and missiles; and (b) information necessary to identify and eliminate from its reports all foreign-owned aircraft.

Recommendations

Our recommendations from this work are listed below with a Contact for more information. Status will change from "In process" to "Open," "Closed - implemented," or "Closed - not implemented" based on our follow up work.

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