Mid-Range Financial Improvement Plans

Abstract

One of DoD's and Navy's priority goals is to gain a clean and auditable financial statement. The Office of the Secretary of Defense (OSD) Comptroller, in his 8 August 2003 memorandum, directed the Military Departments and Defense Agencies, in coordination with the Defense Finance and Accounting Service (DFAS), to prepare a comprehensive mid-range financial improvement plan to identify measurable steps to ensure each material line is auditable, and ensure all major deficiencies are resolved. This project supports the Research, Development, Test and Evaluation, Navy (RDT&E,N) portion of the larger DoD and Navy-wide effort to implement the Financial Improvement Plan (FIP). Corrective actions required to resolve known deficiencies and determine resource requirements (people and systems) are being identified.

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Document Details

Document Type
Project
Publication Date
Oct 01, 2016
Source ID
3025_0605853N_6_1319_PB_2016

Tags

Readers

  • Defense Acquisition Program Management
  • Defense Financial Management and Audit.

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