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Finance and Financial Management

University of Richmond

United States

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Case Study Of The Financing Of The Operations Of A Government Agency Under The Industrial Fund, Cecil Franklin Jones Apr 1954

Case Study Of The Financing Of The Operations Of A Government Agency Under The Industrial Fund, Cecil Franklin Jones

Master's Theses

Savings aggregating millions of dollars annually have been made possible.by fundamental improvements of a Government-wide nature and the modernization and streamlining of accounting methods and systems of individual departments and agencies. The impetus for instituting these changes in fiscal procedures was provided in the recommendations of the Hoover Commission as submitted to Congress February 15, 1949.

The pilot installation, or "guinea. pig", was the Military Sea Transportation Service, a military agency within the Navy Department to which the author had been assigned as Assistant to the Comptroller after recall to active duty in November 1950. This material is presented in …