Financial Management: Analysis of DOD's First Biennial Financial Management Improvement Plan

Abstract

A letter report issued by the General Accounting Office with an abstract that begins "Pursuant to a legislative requirement, GAO reviewed the Department of Defense's (DOD) Biennial Financial Management Improvement Plan to determine whether the: (1) concept of operations included the critical elements necessary for producing sustainable financial management improvement over the long term; (2) transition plan provided a strategic-level road map from the current environment to DOD's planned future financial management environment; and (3) implementation of the department's future financial management environment is practical, cost-effective, and feasible."