Financial Management at the Department of Defense

Financial Management at the Department of Defense
Author: United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, and International Security
Publisher:
Total Pages: 132
Release: 2007
Genre: Electronic government information
ISBN:

Department of Defense: Financial Management Improvement and Audit Readiness Efforts Continue to Evolve

Department of Defense: Financial Management Improvement and Audit Readiness Efforts Continue to Evolve
Author: Asif A. Khan
Publisher: DIANE Publishing
Total Pages: 34
Release: 2011
Genre: Business & Economics
ISBN: 1437940641

This is a print on demand edition of a hard to find publication. As one of the largest and most complex organizations in the world, the DoD faces many challenges in resolving its pervasive and long-standing financial mgmt. and related business operations and systems problems. DoD is required by various statutes to: (1) improve its financial mgmt. processes, controls, and systems to ensure that complete, reliable, consistent, and timely info. is prepared and responsive to the financial info. needs of agency mgmt. and oversight bodies; and (2) produce audited financial statements. This statement provides a perspective on DoD's current efforts to address its financial mgmt. weaknesses and achieve auditability, including the status of its Enterprise Resource Planning system implementations. Charts and tables.

Improving the Federal Government's Financial Management Systems

Improving the Federal Government's Financial Management Systems
Author: Gene L. Dodaro
Publisher: DIANE Publishing
Total Pages: 56
Release: 2008-10
Genre: Business & Economics
ISBN: 1437903975

Since the enactment of key financial mgmt. (FM) reforms, the fed. gov¿t. has devoted significant resources to improving FM activities and practices. Yet continuing attention is needed to address persistent, long-standing accountability problems and to redefine success for fed. FM. Many gov¿t. agency FM systems do not produce the accurate, timely, and meaningful info. needed for mgmt. decision making. This forum brought together FM leaders from the fed. gov¿t., incl. the CFO, CIO, and IG communities, and other officials with extensive experience in FM from both the public and private sectors. The forum addressed: the future of fed. FM; applying lessons learned from fed. FM system implementations; and strategies for transforming fed. FM culture.