The Flow of Procurement Funds in the Naval Air Systems Command.
Abstract
In the present austere fiscal environment it is essential that those responsible for administration of Department of Defense appropriations exercise stringent management control over the budget execution process in order to ensure that the maximum benefit is derived from every dollar. This study examines the budget execution process for procurement funds administered by Program Managers in the Naval Air Systems Command. The report focuses on three distinct phases in the process; allocation, obligation and tracking. These phases consider respectively the flow of funds to the Program Manager, the spending flow of funds from the Program Manager and the flow of information concerning the status of funds back to the Program Manager. In each phase, the flow path, documentation, limitations and responsibilities are identified and examined.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1975
- Accession Number
- ADA027570
Entities
People
- Thomas Gibbons
Organizations
- Defense Systems Management College