The 2000 DOD Financial Management Improvement Plan

Abstract

The Federal Financial Management Improvement Act of 1996 requires DoD financial management systems to comply substantially with Federal financial management system requirements, Federal accounting standards, and the U.S. Government Standard General Ledger at the transaction level. Since 1997, we have reported, and DoD has acknowledged, that DoD financial management systems do not substantially comply with the three requirements. As a result, DoD has prepared the Financial Management Improvement Plan (the Plan), which is a strategic framework that includes the Departments financial management concept of operations for the future. The Plan identifies the initiatives DoD is implementing to improve critical financial systems and processes. Also, the Plan addresses critical finance and accounting systems, critical program feeder systems, and legacy systems. The Plan was submitted to Congress in January 2001 and provided to us on January 30, 2001.

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Document Details

Document Type
Technical Report
Publication Date
Mar 19, 2001
Accession Number
ADA387950

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Accuracy
  • Computer Programs
  • Congress
  • Department Of Defense
  • Financial Management
  • Governments
  • Information Systems
  • Law
  • Management Information Systems
  • Management Personnel
  • Money
  • National Security
  • Navy
  • Procurement
  • Standards
  • Training

Fields of Study

  • Business

Readers

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