Financial Improvement and Audit Readiness (FIAR) Plan Status Report

The Financial Improvement and Audit Readiness FIAR Plan Status Report Report was prepared in accordance with Section 1003 of the National Defense Authorization Act NDAA for Fiscal Year FY 2010. The Report also serves as the Departments annual Financial Management Improvement Plan, required by Section 1008a of the NDAA for FY 2002, to address the issues preventing the reliability of Department of Defense DoD financial statements. This Report is organized differently from previous Reports. Those Reports were organized by FIAR Strategy waves explained in Appendix 1, and within each wave section, the DoD Components plans and status were presented. To better present each Components overall FIAR plans, status, and progress, this Report is organized by Component. Since the Departments ability to achieve auditable financial statements depends on the progress of each Component, the presentation in this Report provides a clearer view of each Components progress toward achieving audit readiness by September 30, 2017. Accordingly, there are separate sections for each Military Department and the other Defense organizations.