DOD FINANCIAL MANAGEMENT: Numerous Challenges Must Be Addressed to Improve Reliability of Financial Information
Abstract
As one of the largest and most complex organizations in the world, the Department of Defense (DOD) faces many challenges in resolving serious problems in its financial management and related business operations and systems. DOD is required by various statutes to (1) improve its financial management processes, controls, and systems to ensure that complete, reliable, consistent, and timely information is prepared and responsive to the financial information needs of agency management and oversight bodies, and (2) produce audited financial statements.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 27, 2011
- Accession Number
- AD1152067
Entities
People
- Asif Khan
Organizations
- United States Government Accountability Office