Financial Management: Opportunities to Improve Experience and Training of Key Navy Comptrollers.

We are responding to your request for information concerning the background and experience of Navy military officers serving in key comptroller positions. Beginning with fiscal year 1996, the Navy and other federal departments and agencies are required to produce and have audited financial statements. These agencies ability to produce auditable financial statements will be crucial to meeting the mandate for audited government wide financial statements for fiscal year 1997. Furthermore, accurate financial data are needed for measuring performance under GPRA. One key factor in agencies being able to achieve these objectives will be having trained and experienced financial management staff in key positions. In the Navy, comptrollers serve in positions of critical importance for ensuring that the Department achieves its financial management objectives as well as meets requirements of the recent reform acts.