Financial Management: Analysis of DoD's First Biennial Financial Management Improvement Plan.

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Abstract:

Section 1008 of the National Defense Authorization Act for Fiscal Year 1998 Public Law 105-85 required that the Secretary of Defense submit to the Congress a biennial strategic plan for the improvement of financial management within the Department of Defense DOD. The plan is to be submitted not later than September 30 of each even-numbered year and is to address all aspects of financial management within DOD, including the finance systems, accounting systems, and data feeder systems that support its financial functions. Each plan is to include a statement of the Secretary of Defenses concept of operations for financial management. In addition, the act directed that the first plan include a discussion of 12 specific financial management topics. Section 912 of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 Public Law 105-261 required GAO to analyze DODS Biennial Plan and discuss the extent to which it is a workable plan for addressing DODS financial management problems.

Author(s):
No Author(s) Identified
Author Organization(s):
GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND INFORMATION MANAGEMENT DIV
Supplementary Note:
Report to Congressional Committees.
Pagination:
0044

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
GAO/AIMD-99-44
Monitor Series:
XD
 Subject Terms
Joint Capability Areas:
JCA_4.2_Supply; JCA_4.2.1_Manage Supplies and Equipment; JCA_5_Command and Control; JCA_4.2.2_Inventory Management; JCA_5.3_Planning; JCA_1.2.6_Concepts; JCA_5.3.3_Develop Strategy; JCA_5.5_Direct; JCA_5.5.1_Communicate Intent and Guidance; JCA_4_Logistics; JCA_4.3_Maintain; JCA_4.7.1_Real Property Life Cycle Management; JCA_4.7_Base and Installations Support; JCA_5.4_Decide; JCA_1.2.5_Lessons Learned; JCA_4.2.3_Manage Global Supplier Networks
Communities of Interest:
Weapons Technologies
Descriptor(s):
*DEPARTMENT OF DEFENSE, *FINANCIAL MANAGEMENT, FUNCTIONS, CONGRESS, STRATEGY, DEFENSE SYSTEMS, ACCOUNTING, INFORMATION SYSTEMS, PLANNING, FEEDING, NATIONAL DEFENSE, FINANCE
Field(s)/Group(s):
Economics and Cost Analysis
Report Date:
1998 Jan 01
Creation Date:
1999 Feb 10