Property Exchange Transactions Center of Military History 30 September 1997 Audit Report: AA 97-291DEPARTMENT OF THE ARMY U.S, ARMY AUDIT AGENCY of the Deputy Auditor General ‘Acquisition and Force Management Audits 3101 Park Center Drive Alexandiia, VA 22302-1596 30 September 1997 Commander, Center of Military History This is the report on our audit of your command's Title 10 exchange transactions. The Center of Military History needs to improve its controls over exchange transactions to ensure that the transactions are in accordance with law and regulatory requirements. Although the process wasn't effective, the exchange concept is an effective method for obtaining historical artifacts and art for the Army and for securing services that benefit the Army's historical collection without using appropriated funds The command reply process that Army Regulation 36-2 prescribes will establish the Army's official position on the conclusions, recommendations, and command comments in this report. Annex A contains our proposed process for conducting future exchange transactions. Annex B contains our proposed resolution for the 18 open goods for goods exchange transactions. Your verbatim comments to our recommendations are in Annex C. Annex D lists others receiving copies of the report and Annex E lists the audit staff. I appreciate the courtesies and cooperation extended to us during the audit. FOR THE DEPUTY AUDITOR GENERAL: fw “fuomas «STANTON, “GK. Program Director Security and Intelligence Audits Printed on GP) Recyied PaverCONTENTS Summary of the Audit What We Audited..... Perspective. ...seeseeeeeeeeeeeeeees Background .. Other Matters... Objectives, Conclusions, Recommendations and Command Comments .. General Information Audit Scope and Methodology . Responsibilities and Resources.........++seeseeee00232 Annexes. A - Proposed Process for Exchange Transactions... B - Proposed Resolution for Open Transactions... Cc - Verbatim Command Comments .. D - Others Receiving Copies of the Report...........73 E ~ Audit stafe. Property Exchange Tansatons, Contr of litany iowy (AA 97.293) Conte Page