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DOD Financial Management: Challenges in the Implementation of Business Systems Could Impact Audit Readiness Efforts
GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC
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As one of the largest and most complex organizations in the world, the Department of Defense DoD faces many challenges in resolving its long-standing financial and related business operations and system problems. DoD is in the process of implementing modern multifunction enterprise resource planning ERP systems to replace many of its outdated legacy systems. The ERPs are intended to perform business-related tasks such as general ledger accounting and supply chain management. Modernizing DoDs business systems is a critical part of transforming the departments business operations, addressing high-risk areas, and providing more accurate and reliable financial information to Congress on DoDs operations. The Panel requested that GAO provide its perspective on DoDs ERP implementation efforts and the impact implementation problems could have on DoDs efforts to improve financial management and be audit ready by fiscal year 2017. This statement is based on GAOs prior work, reports issued by the Department of Defense Inspector General DODIG, and GAOs ongoing oversight of selected DoD ERP efforts. Over the years, GAO has made numerous recommendations to improve the departments financial management operations.
APPROVED FOR PUBLIC RELEASE