Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Department Of Defense Status Of Financial Management Weaknesses And Actions Needed To Correct Continuing Challenges
Download Department Of Defense Status Of Financial Management Weaknesses And Actions Needed To Correct Continuing Challenges full books in PDF, epub, and Kindle. Read online Department Of Defense Status Of Financial Management Weaknesses And Actions Needed To Correct Continuing Challenges ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Department of Defense status of financial management weaknesses and actions needed to correct continuing challenges by :
Download or read book Department of Defense status of financial management weaknesses and actions needed to correct continuing challenges written by and published by DIANE Publishing. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Department of Defense by : United States Accounting Office (GAO)
Download or read book Department of Defense written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-13 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: T-AIMD/NSIAD-99-171 Department of Defense: Status of Financial Management Weaknesses and Actions Needed to Correct Continuing Challenges
Book Synopsis Department of Defense Status of Financial Management Weaknesses and Actions Needed to Correct Continuing Challenges by :
Download or read book Department of Defense Status of Financial Management Weaknesses and Actions Needed to Correct Continuing Challenges written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report outlines DOD's most serious financial management weaknesses, describes the resulting impact on the department's ability to effectively carry out its programs and operations, and highlights the efforts underway to address these deficiencies. These actions must be implemented effectively for DOD to be able to (1) properly account for and report (a) billions of dollars of inventory and property, plant, and equipment and (b) national defense assets, primarily weapon systems and support equipment; (2) estimate and report material amounts of environmental and disposal liabilities and their related costs; (3) determine the liability associated with post-retirement health benefits for military employees; (4) accurately report the net costs of its operations; (5) produce accurate budget data; and (6) determine the full extent of improper payments.
Book Synopsis Department of Defense by : Gene L. Dodaro
Download or read book Department of Defense written by Gene L. Dodaro and published by . This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781978417663 Total Pages :38 pages Book Rating :4.4/5 (176 download)
Book Synopsis Department of Defense by : United States Government Accountability Office
Download or read book Department of Defense written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-19 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Department of Defense: Status of Financial Management Weaknesses and Progress Toward Reform
Book Synopsis Department of Defense by : Gene L. Dodaro
Download or read book Department of Defense written by Gene L. Dodaro and published by . This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Department of Defense by : U S Government Accountability Office (G
Download or read book Department of Defense written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Book Synopsis Department of Defense by : U S Government Accountability Office (G
Download or read book Department of Defense written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO discussed financial management issues at the Department of Defense (DOD). GAO noted that: (1) to date no major part of DOD has yet been able to pass the test of an independent audit--auditors consistently have issued disclaimers of opinion because of pervasive weaknesses in DOD's financial management systems, operations, and controls; (2) such problems led GAO in 1995 to put DOD financial management on a list of high-risk areas vulnerable to waste, fraud, abuse, and mismanagement, a designation that continued in last year's update; (3) lacking such key controls and information not only hampers the department's ability to produce timely and accurate financial information, but also significantly impairs efforts to improve the economy and efficiency of its operations; (4) unreliable cost and budget information affects DOD's ability to effectively measure performance, reduce costs, and maintain adequate funds control, while ineffective asset accountability and control adversely affect DOD's visibility over weapons systems and inventory; (5) establishing an integrated financial management system--including both automated and manual processes--will be key to reforming DOD's financial management operations; (6) DOD has acknowledged that its present system has long-standing inadequacies and does not, for the most part, comply with the federal system standards; (7) DOD has set out an integrated financial management system goal; and (8) further, the department is now well-positioned to adapt the lessons learned from addressing the year 2000 issue and GAO's recently issued survey of the best practices of world-class financial management organizations and to use the information technology investment criteria included in the Clinger-Cohen Act of 1996.
Book Synopsis Department of Defense by : Gregory D. Kuntz
Download or read book Department of Defense written by Gregory D. Kuntz and published by . This book was released on 2003 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: As seen again in Iraq, the excellence of our military forces is unparalleled. This same level of excellence is not yet evident in the Department of Defense's (DOD) financial management and other business areas, impeding DOD's ability to provide complete, reliable, and timely information to the Congress, DOD managers, and other decision makers. Congress asked GAO to testify on the status of DOD's financial management and business process reform efforts. Specifically, GAO was asked to provide an overview of the long-standing financial management weaknesses facing DOD and a summary of the underlying causes of DOD's financial management challenges. In addition, GAO's testimony focused on (1) key actions necessary to correct DOD's financial management problems and (2) the progress DOD is making toward business process reform. Overhauling DOD's financial management represents a major challenge that goes far beyond financial accounting to the very fiber of the department's range of business operations and management culture. Of the 25 areas on GAO's governmentwide "high risk" list, 6 are DOD program areas, and the department shares responsibility for 3 other high-risk areas that are governmentwide in scope. Key financial management weaknesses include the lack of effective and efficient asset management and accountability; unreliable estimates of environmental and disposal liabilities; lack of accurate budget and cost information; nonintegrated and proliferating financial management systems; and fundamental flaws in DOD's overall control environment. GAO has identified four underlying causes for DOD's inability to resolve its long-standing financial management problems: (1) a lack of sustained top-level leadership and management accountability for correcting problems; (2) deeply embedded cultural resistance to change, including military service parochialism and stovepiped operations; (3) a lack of results-oriented goals and performance measures and monitoring; and (4) inadequate incentives for seeking change. The following are elements that GAO has identified as key to a successful approach to financial management and business process reform: (1) addressing financial management challenges as part of a comprehensive, integrated, DOD-wide business reform; (2) providing for sustained leadership by the Secretary of Defense and resource control to implement needed financial management reforms; (3) establishing clear lines of responsibility, authority, and accountability for such reform tied to the Secretary; (4) incorporating results-oriented performance measures and monitoring tied to financial management reforms; (5) providing appropriate incentives or consequences for action or inaction; (6) establishing and implementing an enterprise architecture to guide and direct financial management modernization investments; and (7) ensuring effective executive and congressional oversight and monitoring. DOD has taken positive steps in many of these key areas. For example, the Secretary of Defense has included improving DOD's financial management as one of his top 10 priorities, and DOD has already taken a number of actions under its Business Transformation Program, including its efforts to develop an enterprise architecture to guide operational and technological changes. However, these are beginning steps and formidable challenges remain in each of the key reform areas.
Book Synopsis Department of Defense financial audits highlight continuing challenges to correct serious financial management problems by :
Download or read book Department of Defense financial audits highlight continuing challenges to correct serious financial management problems written by and published by DIANE Publishing. This book was released on with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Management Issues by : United States. General Accounting Office
Download or read book Financial Management Issues written by United States. General Accounting Office and published by . This book was released on 1992 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dod Financial Management, Effect of Continuing Weaknesses on Management and Operations and Status of Key Challenges by : U.s. Government Accountability Office
Download or read book Dod Financial Management, Effect of Continuing Weaknesses on Management and Operations and Status of Key Challenges written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-28 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Given the federal government's continuing fiscal challenges, it is more important than ever that the Congress, the administration, and federal managers have reliable, useful, and timely financial and performance information to help ensure fiscal responsibility and demonstrate accountability, particularly for the federal government's largest department, the Department of Defense. GAO has previously reported that serious and continuing deficiencies in DOD's financial management make up one of three major impediments to achieving an opinion on the U.S. government's consolidated financial statements. GAO's statement focuses on (1) the effect of continuing financial management challenges on DOD management and operations and (2) DOD's efforts to improve financial management and its remaining challenges. GAO's statement is primarily based on previously issued reports, including GAO's updates on DOD high-risk areas and its audit reports on DOD's financial management, inventory management and asset visibility, weapon system costs, business transformation, and business system modernization. "
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781981762156 Total Pages :38 pages Book Rating :4.7/5 (621 download)
Book Synopsis Dod Financial Management by : United States Government Accountability Office
Download or read book Dod Financial Management written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-12-16 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: DOD FINANCIAL MANAGEMENT: Effect of Continuing Weaknesses on Management and Operations and Status of Key Challenges
Book Synopsis Department of Defense implications of financial management issues by :
Download or read book Department of Defense implications of financial management issues written by and published by DIANE Publishing. This book was released on 2000 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an integral part of an effective budget execution system, an agency is responsible for determining and maintaining its available fund balance. Treasury also has information about activity in the agency's accounts, and Treasury's and the agency's records must be periodically reconciled to determine the actual amount of funds available. This is analogous to reconciling one's personal checking account with the monthly bank statement. DOD weaknesses in accounting for its funds include (1) the inability to reconcile its balances to Treasury's, (2) frequent adjustments of recorded payments from one appropriation to another appropriation account, including to canceled appropriations, (3) problem disbursements-disbursements that are not properly matched to specific obligations recorded in the department's records, and (4) obligated balances that are incorrect or unsupported. As a result of these weaknesses, auditors have been unable to verify DOD's Fund Balance With Treasury and its major components -obligate and unobligated balances. This means that DOD does not know with certainty the amount of funding that is available. This information is essential for DOD and the Congress to be able to determine the status of funds and if unobligated balances are available that could be used to reduce current funding requirements or that could be reprogrammed to meet other critical program needs.
Book Synopsis Department of Defense by : Asif A. Khan
Download or read book Department of Defense written by Asif A. Khan and published by DIANE Publishing. This book was released on 2010-11 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major defense acquisition programs (MDAP) are used to acquire, modernize, or extend the service life of DoD¿s most expensive assets, primarily military equipment. A new law required this review of weaknesses in DoD's operations that affect the reliability of financial information for assets acquired through MDAP. To do so, this report identified and reviewed previously reported weaknesses that impair DoD's ability to provide reliable cost information for military equipment acquired through MDAPs, and determined what actions DoD has taken to address them. Includes recommendations. Charts and tables.
Author :United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations Publisher : ISBN 13 : Total Pages :64 pages Book Rating :4.:/5 (327 download)
Book Synopsis The Department of Defense by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations
Download or read book The Department of Defense written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations and published by . This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis DOD Financial Management by : Asif A. Khan
Download or read book DOD Financial Management written by Asif A. Khan and published by . This book was released on 2014-06-13 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statement of Asif A. Khan, Dir., Financial Management and Assurance, GAO. Given the federal government's continuing fiscal challenges, it is more important than ever that the Congress, the administration, and federal managers have reliable, useful, and timely financial and performance information to help ensure fiscal responsibility and demonstrate accountability, particularly for the federal government's largest department, the Department of Defense (DOD). GAO has previously reported that serious and continuing deficiencies in DOD's financial management make up a major impediment to achieving an opinion on the U.S. government's consolidated financial statements. This statement focuses on (1) the effect of continuing financial management challenges on DOD management and operations; and (2) DOD's efforts to improve financial management and its remaining challenges. This is a print on demand report.
