Accession Number:

ADA525854

Title:

Financial Audit Strategy Task Group

Descriptive Note:

Corporate Author:

DEFENSE BUSINESS BOARD WASHINGTON DC

Personal Author(s):

Report Date:

2004-12-01

Pagination or Media Count:

51.0

Abstract:

This DBB Task Group was formed in support of the Department of Defense DoD goal to achieve a clean financial audit opinion by 2007. Specifically, this Task Group was asked to provide recommendations on an approach for the Department with respect to the financial audit process and governance. Given the size of the DoD, the complexities of the financial management issues, and the need to mobilize a large internal and contracting workforce to conduct the audit, the Department sought to understand whether the appropriate processes were in place to facilitate the audit process. This report represents the findings and the advice of the Defense Business Board DBB on this topic.

Subject Categories:

  • Economics and Cost Analysis
  • Administration and Management

Distribution Statement:

APPROVED FOR PUBLIC RELEASE