Finance Corps: Reformulated for the 21st Century
Abstract
This paper addresses the requirement to have a Theater Finance Command deployed to the theater of operations during the next campaign. During Desert Shield/Desert Storm the financial responsibilities within the theater of operations expanded well beyond the capabilities of the two colonel-commanded finance groups. Finance doctrine clearly called for the deployment of a Theater Finance Command (TFC). The TFC is responsible for the accomplishment of centralized funding, commercial accounting, foreign national pay, and appropriated and nonappropriated fund accounting. The TFC led by a finance general is capable of providing finance policy on the battlefield and serving as the single authority for coordination with key finance leaders in CONUS, such as the Department of Defense Comptroller, the Assistant Secretary of the Army (Financial Management), the Comptroller of the Army (COA), and Director, Defense Finance and Accounting Service. Additionally, Senator Nunn has called for more action to realize economies and efficiencies within the Department of Defense by reformulating roles and missions among the three Services.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 19, 1993
- Accession Number
- ADA263903
Entities
People
- Hugh B. Tant Iii
Organizations
- United States Army War College