Accession Number : AD1026955


Title :   DOD Financial Management: Significant Efforts Still Needed for Remediating Audit Readiness Deficiencies


Descriptive Note : Technical Report


Corporate Author : GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC WASHINGTON DC United States


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/1026955.pdf


Report Date : 01 Feb 2017


Pagination or Media Count : 76


Abstract : DOD remains on GAOs High-Risk List because of its long-standing financial management deficiencies. These deficiencies negatively affect DODs audit readiness and its ability to make sound mission and operational decisions. The Army, Navy, and Air Force underwent their first Budgetary Schedule audits for fiscal year 2015.This report, developed in connection with fulfilling GAOs mandate to audit the U.S. governments consolidated financial statements, examines (1) the results of the audits of the fiscal year 2015 Budgetary Schedules for the Army, Navy, and Air Force; (2) the extent to which each military service designed a process to address financial management-related audit findings and recommendations; and (3) the extent to which DOD has designed a department-wide process to monitor and report on audit readiness remediation efforts. GAO reviewed IPA reports and documentation from the military services and DOD Comptroller and interviewed cognizant officials.


Descriptors :   financial management , accounting , PLANNING PROGRAMMING BUDGETING , budgets


Subject Categories : Administration and Management
      Military Forces and Organizations


Distribution Statement : APPROVED FOR PUBLIC RELEASE