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DOD Financial Management: Improvements Needed in Armyńˇ╗s Efforts to Ensure the Reliability of Its Statement of Budgetary Resources
DOD Financial Management: Improvements Needed in Armyäó»s Efforts to Ensure the Reliability of Its Statement of Budgetary Resources
 
Our Price: $25.00
By Asif A. Khan (au)
Year: 2014
Pages: 55
Binding Paperback
ISBN 978-1-4578-5553-5

Product Code: 1457855534

Description
 
The Nat. Defense Authorization Act for FY 2013 requires the Dept. of Defense (DOD) to describe how its Statement of Budgetary Resources (SBR) will be validated as ready for audit by Sept. 30, 2014. The DOD Comptroller issued the Financial Improvement and Audit Readiness (FIAR) Guidance to provide a standard methodology for DOD components to use to develop and implement financial improvement plans (FIPs), improve financial management, and achieve audit readiness. The Army's FIP for budget execution provides a framework for planning, executing, and tracking essential steps with supporting documentation to achieve audit readiness of its General Fund SBR. This report identifies the extent to which the Army developed and implemented its General Fund SBR FIP for budget execution in accordance with the FIAR Guidance with regard to (1) determining the scope of activities included in the FIP and (2) completing those activities included in the scope of the FIP. Table and figures. This is a print on demand report.

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