Funding the Military Retirement System: A Private Sector Investment Approach to Accrual Accounting

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Publisher :
ISBN 13 :
Total Pages : 127 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis Funding the Military Retirement System: A Private Sector Investment Approach to Accrual Accounting by : Eugene H. Henry

Download or read book Funding the Military Retirement System: A Private Sector Investment Approach to Accrual Accounting written by Eugene H. Henry and published by . This book was released on 1987 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: The military retirement system is frequently a candidate for budget cuts. Most cost-cutting proposals and legislative actions have been aimed at the benefit structure of the retirement system. However, Public Law 98-94, enacted on October 1, 1984, addresses the funding aspect of the military retirement system. The law, which established accrual accounting and a military retirement fund, ensures immediate recognition of the future costs of the retirement system when considering any force size changes and pay changes for DOD. To pay for these future costs, the retirement system partially relies on the investment of excess retirement funds in special interest Treasury securities. This research concerns the investment aspect of accrual accounting, in particular, the possibility of investing the military retirement fund in the private sector instead of the within the government. To accomplish this macro-level research, it is necessary to determine representative private investment plans. The real interest returns of the plans, as determined by several factors such the management of the fund, inflation, and debt implications, are compared to the real return currently assumed by the DOD office of the Actuary for the special issue securities.

Funding the Military Retirement System

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Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.:/5 (132 download)

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Book Synopsis Funding the Military Retirement System by : Eugene H. Henry (CAPT, USAF.)

Download or read book Funding the Military Retirement System written by Eugene H. Henry (CAPT, USAF.) and published by . This book was released on 1987 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Administration and Regulation of a Military Retirement System Funded by Private Sector Investments

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Publisher :
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis Administration and Regulation of a Military Retirement System Funded by Private Sector Investments by : Audree D. Newman

Download or read book Administration and Regulation of a Military Retirement System Funded by Private Sector Investments written by Audree D. Newman and published by . This book was released on 1990 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study was to investigate investment of military retirement system (MRS) funds in the private sector, as opposed to the current method of investing the funds within the Government, between 1985 and 1989, under assumptions of administrative and regulatory constraints; the timeframe was selected because in 1985 the Government began setting aside funds for future military retirement costs versus the pay-as-you-go method in previous years. The study had three objectives: (1) identify administrative factors that result from modifying the current MRS to an MRS funded by private sector investments; (2) identify regulatory constraints that could apply to the investment of military retirement funds in the private sector; (3) evaluate the MRS flow of funds under several investment plans that reflect assumptions of administrative and regulatory constraints. Administrative assumptions were based on the Federal Employee Thrift Savings Plan; regulatory assumptions were based on life insurance fund and private pension fund regulations. The results from analyzing the MRS flow of funds suggested that between fiscal years 1985 to 1989, a stock index plan, and to a lesser extent, a corporate bond index plan, improved the cumulative investment returns of the MRS fund; the price for this improvement was periods of volatility resulting in short term losses on investment returns as the current MRS investment approach with no volatility. Theses. (sdw).

The Accrual Method for Funding Military Retirement: Assessment and Recommended Changes

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis The Accrual Method for Funding Military Retirement: Assessment and Recommended Changes by :

Download or read book The Accrual Method for Funding Military Retirement: Assessment and Recommended Changes written by and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until 1984, the amount appearing in the DoD budget under "military retirement" was the annual payment to retired military personnel or their survivors--equaling approximately $16 billion that year. That amount reflected the number of retirees and the retirement system that resulted from force-management decisions made 20 or more years earlier. Those managing the personnel force in 1984 essentially had no control over these retirement-budget payments. Similarly, force managers in 1984 could make decisions influencing future retirement expenditures without answering for them in their own budgets. Policymakers were concerned that this system could result in increasingly expensive retirement plans, a more senior force, more retirees than justified by force-readiness considerations, and poor decisions involving substitution of civilian and military personnel and between capital and labor investments.

Implementing Accrual Accounting in the Public Sector

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Publisher : International Monetary Fund
ISBN 13 : 1475521758
Total Pages : 59 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Implementing Accrual Accounting in the Public Sector by : Ms.Suzanne Flynn

Download or read book Implementing Accrual Accounting in the Public Sector written by Ms.Suzanne Flynn and published by International Monetary Fund. This book was released on 2016-08-05 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This technical note and manual (TNM) explains what accrual accounting means for the public sector and discusses current trends in moving from cash to accrual accounting. It outlines factors governments should consider in preparing for the move and sequencing of the transition. The note recognizes that governments considering accounting reforms will have different starting points across the public sector, different objectives, and varying coverage of the existing financial statements, it therefore recommends that governments consider each of these, and the materiality of stocks, flows and entities outside of government accounts when planning reforms and design the sequencing and stages involved accordingly. Building on international experiences, the note proposes four possible phases for progressively increasing the financial operations reported in the balance sheet and operating statement, with the ultimate aim of including all institutional units under the effective control of government in fiscal reports.

Accrual Accounting for Military Retirement

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Accrual Accounting for Military Retirement by : Marvin M. Smith

Download or read book Accrual Accounting for Military Retirement written by Marvin M. Smith and published by . This book was released on 1983 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Recognition of Contingent Liabilities Arising from Litigation

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Publisher : U.S. Government Printing Office
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Recognition of Contingent Liabilities Arising from Litigation by : United States. Office of Management and Budget

Download or read book Recognition of Contingent Liabilities Arising from Litigation written by United States. Office of Management and Budget and published by U.S. Government Printing Office. This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Masters Theses in the Pure and Applied Sciences

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Publisher : Springer Science & Business Media
ISBN 13 : 1461305993
Total Pages : 411 pages
Book Rating : 4.4/5 (613 download)

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Book Synopsis Masters Theses in the Pure and Applied Sciences by : Wade H. Shafer

Download or read book Masters Theses in the Pure and Applied Sciences written by Wade H. Shafer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Masters Theses in the Pure and Applied Sciences was first conceived, published, and disseminated by the Center for Information and Numerical Data Analysis and Synthesis (CINDAS) * at Purdue University in 1 957, starting its coverage of theses with the academic year 1955. Beginning with Volume 13, the printing and dissemination phases of the activity were transferred to University Microfilms/Xerox of Ann Arbor, Michigan, with the thought that such an arrangement would be more beneficial to the academic and general scientific and technical community. After five years of this joint undertaking we had concluded that it was in the interest of all con cerned if the printing and distribution of the volumes were handled by an interna tional publishing house to assure improved service and broader dissemination. Hence, starting with Volume 18, Masters Theses in the Pure and Applied Sciences has been disseminated on a worldwide basis by Plenum Publishing Cor poration of New York, and in the same year the coverage was broadened to include Canadian universities. All back issues can also be ordered from Plenum. We have reported in Volume 32 (thesis year 1987) a total of 12,483 theses titles from 22 Canadian and 176 United States universities. We are sure that this broader base for these titles reported will greatly enhance the value of this important annual reference work. While Volume 32 reports theses submitted in 1987, on occasion, certain univer sities do report theses submitted in previous years but not reported at the time.

Accrual Practices and Reform Experiences in OECD Countries

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Publisher : OECD Publishing
ISBN 13 : 9264270574
Total Pages : 131 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Accrual Practices and Reform Experiences in OECD Countries by : OECD

Download or read book Accrual Practices and Reform Experiences in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2017-02-24 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study looks at accounting and budgeting practices at the national government level in OECD countries. It discusses the challenges and benefits of accruals reforms and considers what steps countries are taking to make better use of accrual information in the future.

Transparency in Government Operations

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Publisher : International Monetary Fund
ISBN 13 : 155775697X
Total Pages : 50 pages
Book Rating : 4.5/5 (577 download)

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Book Synopsis Transparency in Government Operations by : Mr.J. D. Craig

Download or read book Transparency in Government Operations written by Mr.J. D. Craig and published by International Monetary Fund. This book was released on 1998-02-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

Technical Reports Awareness Circular : TRAC.

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ISBN 13 :
Total Pages : 556 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Technical Reports Awareness Circular : TRAC. by :

Download or read book Technical Reports Awareness Circular : TRAC. written by and published by . This book was released on 1988-04 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OMB Circular A-136

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Publisher : Independently Published
ISBN 13 : 9781077439269
Total Pages : 122 pages
Book Rating : 4.4/5 (392 download)

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Book Synopsis OMB Circular A-136 by : Omb

Download or read book OMB Circular A-136 written by Omb and published by Independently Published. This book was released on 2019-07 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Circular provides guidance for Executive Branch entities required to submit audited financial statements, interim financial statements, and Performance and Accountability Reports (PARs) or Agency Financial Reports (AFRs) under the Chief Financial Officers Act of 1990, as amended (CFO Act), the Government Management Reform Act of 1994 (GMRA), and the Accountability of Tax Dollars Act of 2002 (ATDA). This Circular also provides general guidance to Government corporations required to submit Annual Management Reports (AMRs) under the Government Corporations Control Act. Why buy a book you can download for free? We print the paperback book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the bound paperback from Amazon.com This book includes original commentary which is copyright material. Note that government documents are in the public domain. We print these paperbacks as a service so you don't have to. The books are compact, tightly-bound paperback, full-size (8 1/2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a HUBZONE SDVOSB. https: //usgovpub.com

Air University Abstracts of Research Reports

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Publisher :
ISBN 13 :
Total Pages : 932 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Air University Abstracts of Research Reports by :

Download or read book Air University Abstracts of Research Reports written by and published by . This book was released on 1986 with total page 932 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Government Finance Statistics Manual 2014

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Publisher : International Monetary Fund
ISBN 13 : 1498379214
Total Pages : 470 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Government Finance Statistics Manual 2014 by : Mrs.Sage De Clerck

Download or read book Government Finance Statistics Manual 2014 written by Mrs.Sage De Clerck and published by International Monetary Fund. This book was released on 2015-03-10 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency.

Accounting for Inventory and Related Property

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Accounting for Inventory and Related Property by : United States. Federal Accounting Standards Advisory Board

Download or read book Accounting for Inventory and Related Property written by United States. Federal Accounting Standards Advisory Board and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business & Economics

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Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Business & Economics by :

Download or read book Business & Economics written by and published by . This book was released on 1988 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Government Auditing Standards - 2018 Revision

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Publisher : Lulu.com
ISBN 13 : 0359536395
Total Pages : 234 pages
Book Rating : 4.3/5 (595 download)

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Book Synopsis Government Auditing Standards - 2018 Revision by : United States Government Accountability Office

Download or read book Government Auditing Standards - 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.