The Finance Corps Today and Tomorrow

reportActive / Technical Report | Accession Number: ADA251327 | Open PDF

Abstract:

This paper is about the Finance Corps and its future. It chronicles recent significant events, both positive and negative, that have had an impact on the corps. The Finance Corps is the smallest basic branch of the Army and, like the Army, getting smaller. The Defense Finance and Accounting Service DFAS, formed in January 1991, is in the process of standardizing and centralizing all DOD financial operations. As of 1 October 1992, DFAS will absorb capitalize a significant portion of the civilians and military working in Army finance offices. The impact of DFAS initiatives, TOETDA finance force structure analysis, and finance battlefield operational requirements are essential elements of this paper. Future alternatives are discussed including the possibility of a Resource Management Corps by combining the Finance Corps and Comptroller functional area. The battlefield mission for finance support to soldiers and commanders will continue to exist. Strong leadership, finance force structure changes, and significant improvements in policy, procedures, and communications are essential to support future contingency operations. Final conclusion is that the present Finance Corps must adapt to being smaller, perhaps merging into a Resource Management Corps, and existing within the new DFAS framework by maintaining its TOE structure with Finance Groups and Finance Support Commands.

Author(s):
Denny, Morgan F.
Author Organization(s):
ARMY WAR COLL CARLISLE BARRACKS PA
Descriptive Note:
Study project
Pagination:
0069

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Monitor Series:
USAWC
 Subject Terms
Joint Capability Areas:
JCA_5_Command and Control; JCA_1_Force Support; JCA_1.1_Force Management; JCA_4.7.2_Installation Services; JCA_4.7_Base and Installations Support; JCA_5.5_Direct; JCA_5.5.1_Communicate Intent and Guidance; JCA_6.4.1_Secure Information Exchange; JCA_1.2_Force Preparation; JCA_6_Net Centric; JCA_8_Building Partnerships; JCA_3.1.2_Maneuver to Insert; JCA_3.1_Maneuver; JCA_3_Force Application; JCA_8.1_Communicate; JCA_8.1.3_Influence Adversary and Competitor Audiences; JCA_1.3_Human Capital Management; JCA_1.3.2_Personnel Management; JCA_6.4_Information Assurance; JCA_1.2.1_Training; JCA_5.3_Planning
Modernization Areas:
Fully Networked C3
Communities of Interest:
Human Systems
Descriptor(s):
*MILITARY ORGANIZATIONS, REQUIREMENTS, POLICIES, LEADERSHIP, MANAGEMENT, IMPACT, ACCOUNTING, ARMY PERSONNEL, COMPTROLLERS, FINANCE, BATTLEFIELDS, STRUCTURES, MISSIONS, OPERATION, RESOURCES, RESOURCE MANAGEMENT
Field(s)/Group(s):
Administration and Management, Economics and Cost Analysis, Military Forces and Organizations
Keyword(s):
DFAS(DEFENSE FINANCE AND ACCOUNTING SERVICE), ARMY FINANCE CORPS
Report Date:
1992 Apr 15