Department of Defense : financial management improvement and audit readiness efforts continue to evolve : testimony before the Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, Committee on Homeland Security and Governmental Affairs, U.S. Senate / statement of Asif A. Khan.

Format:

Book

Government document

Author/Creator:

Khan, Asif A.

Contributor:

United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security

United States. Government Accountability Office

Series:

Testimony ; GAO-10-1059T.

Testimony ; GAO-10-1059T

Language:

English

Subjects (All):

United States. Department of Defense--Appropriations and expenditures--Management.

United States.

United States. Department of Defense.

Expenditures, Public.

Physical Description:

1 online resource (30 pages).

Other Title:

Financial management improvement and audit readiness efforts continue to evolve

Place of Publication:

[Washington, D.C.] : U.S. Govt. Accountability Office, [2010]

Summary:

As one of the largest and most complex organizations in the world, the Department of Defense (DOD) faces many challenges in resolving its pervasive and long-standing financial management and related business operations and systems problems. 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. DOD has initiated numerous efforts over the years to improve the department's financial management operations and ultimately achieve unqualified (clean) opinions on the reliability of reported financial information. The Subcommittee has asked GAO to provide its perspective on DOD's current efforts to address its financial management weaknesses and achieve auditability, including the status of its Enterprise Resource Planning (ERP) system implementations. GAO's testimony is based on its prior work related to DOD's financial improvement and audit readiness strategy and related activities, including its ERP implementation efforts.

Notes:

Title from PDF title screen (GAO, viewed June 8, 2011).

"For release ... September 29, 2010."

Congressional testimony.

Includes bibliographical references.

OCLC:

713564328

Access Restriction:

APPROVED FOR PUBLIC RELEASE.