Pursuant to a legislative requirement, GAO reviewed: (1) the status of the Department of Defense''s (DOD) efforts to implement the new federal accounting standard for disclosure of liabilities, such as aircraft disposal; and (2) whether an estimate of the minimum disposal liability for aircraft, including the removal and disposal of hazardous materials, could be made. GAO noted that: (1) DOD has not implemented the federal accounting standard that requires recogniz..
